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Loan Modification

: Mortgage Lender Implode-o-Meter

Close to 3% Delinquency in Fannie?s SFM Portfolio

By Implode-Explode Heavy Industries

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"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."

Full post as published by Mortgage Lender Implode-o-Meter on June 01, 2009 (boomark / email).

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