Fannie Reports July Numbers

Fannie Mae's Book of Business grew at a compound annualized rate (CAR) of 10.1% in July and 6.1% year-to-date, the company reports.

Fannie Mae's Gross Mortgage Portfolio declined at a CAR of 18.2% during the month.

The Conventional Single-Family Serious Delinquency Rate rose 26 basis points in June to 3.94%; the Multifamily Serious Delinquency Rate rose 1 basis point to 0.51% in June (latest data available).

SOURCE: Fannie Mae


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