Industry News

Fannie Mae reports success with fiscal diet

Real estate loan portfolio shrinks to $715.5 billion
Published on Dec 27, 2005

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by CareyBot

Fannie Mae last Friday reported success with its financial diet, having shrunk its mortgage portfolio by an annualized 2.8 percent in November, the mortgage giant’s 13th consecutive monthly decline. Fannie Mae’s retained mortgage holdings totaled $715.5 billion at the end ...