(RTTNews) -
Fannie Mae (FNM:
News ), reported October 2009 monthly summary.
Gross mortgage portfolio was $771.45 billion, down from $777.11 billion in the year-ago month. Gross Mortgage Portfolio grew at a compound annualized rate of 27.8 in October.
The Conventional Single-Family Serious Delinquency Rate rose 27 basis points in September to 4.72%. The Multifamily Serious Delinquency Rate rose 6 basis points to 0.62% in September.
Fannie Mae's Book of Business declined at a compound annualized rate of 3.1% in October.
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by RTT Staff Writer
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