Posted To: MND NewsWire
Fannie Mae's Book of Business increased at a compounded annual rate of 1.5 percent in April to a value of $3.168 trillion compared to $3.164 trillion in April. The Book has increased by 1.8 percent year-to-date in 2017 and gained 1.4 percent for all of 2016. The company's mortgage portfolio had a balance of $255.721 billion at the end of the month. This was composed of $198.236 billion in mortgage loans, $49.225 billion in Fannie Mae MBS, $2.814 billion in non-Fannie Mae mortgage securities which were agency and $5.416 billion non-agency. Purchases into the Gross Mortgage Portfolio during the month amounted to $23.11 billion for a total of $122.45 billion for the year through May. Sales during the month were $41.9 billion and liquidations $4.66 billion for year-to-date numbers of $119.36 billion...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2t8ZTYI
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