2009-06-01 — housingwire.com
"The total delinquency rate among conventional single-family mortgages at Fannie Mae (FNM: 0.73 0.00%) jumped to 2.96% in February from 2.77% a month earlier, and is up more than half from 1.1% seen in February 08, despite the agency’s participation in the Administration’s Home Affordable refinance program."
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Comments:
Digger at 22:46 2009-06-01 said:
Fannie and Freddie control $4 trillion in residential mortgages - 3% is 120 billion dollars!!!!!! And they are telling us that the light is at the end of the tunnel - oh nooooooooooooooo, its the train coming Permalinkadd a comment | go to forum thread
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