2010-06-25mortgagenewsdaily.com

"Despite a 3 percent upward blip in April, the portfolio has dropped 2.9 percent since the first of the year and now has a total balance of $2.22 trillion. The total portfolio, however, is still 18.2 percent larger than it was in May 2009. The annualized liquidation rate in May was 17.8 percent compared to 19.2 percent in April."



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