Fannie Mae Reports November 2012 Monthly Summary

(RTTNews.com) – Fannie Mae (FNMA.OB) reported November 2012 Monthly Summary. Fannie Mae’s Book of Business increased at a compound annualized rate of 4.0 percent in November.

Fannie Mae’s Gross Mortgage Portfolio declined at a compound annualized rate of 17.5 percent in November.

The Conventional Single-Family Serious Delinquency Rate fell five basis points to 3.30 percent in November; the Multifamily Serious Delinquency Rate fell three basis points to 0.25 percent in November.

The Effective Duration Gap on Fannie Mae’s portfolio averaged zero months in November.

Fannie Mae completed 13,106 loan modifications in November, for a total of 151,317 loan modifications in the eleven months ended November 30, 2012.

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