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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Picks up $57 Billion of Refinanced Loans

By Implode-Explode Heavy Industries

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" Mortgage giant and government-sponsored enterprise Fannie Mae 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."

Full post as published by Mortgage Lender Implode-o-Meter on June 30, 2009 (boomark / email).

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