BRIEF-Fannie Mae’s May gross mortgage portfolio fell at compound annualized rate of 32 pct


June 28 Federal National Mortgage Association:

* Fannie Mae’s book of business increased at a compound
annualized rate of 0.1 percent in May

* Fannie Mae’s gross mortgage portfolio decreased at a
compound annualized rate of 32 percent in May

* Fannie Mae’s completed 6,552 loan modifications in May

* Conventional single-family serious delinquency rate down 2
basis points to 1.38% in may; multifamily serious delinquency
rate was 0.05% in May

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