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Real Estate & Property Law

: Housing Wire

Fannie Picks up $57 Billion of Refinanced Loans

By DIANA GOLOBAY

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Mortgage giant and government-sponsored enterprise Fannie Mae (FNM: 0.58 0.00%) in May took on more refinanced mortgages as part of a federal program, raising its refi volume to $57bn, as its delinquency rate rose to more than double the year-ago level. In April, the GSE began accepting refinanced mortgage originations under the Making Home Affordable Program [...]

Full post as published by Housing Wire on June 30, 2009 (boomark / email).

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