twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map
Origination News | Lender Ranking | Fundings by Lender | Statistics
Quarterly residential mortgage production by lender. Subprime, Alt-A, home equity and conforming originations. Volume by quarter since 2003.

August Was a Winner for Fannie

New business acquisitions jump 12% from July

Oct. 1, 2012

By staff

August was the second-best month this year for new business at Fannie Mae. The secondary lender's book of business has expanded two months in a row, past-due payments on home loans continued lower and delinquency on apartment loans was down for the ninth consecutive month.

New business acquisitions climbed to $86.038 billion from $77.104 billion in July, according to monthly operational data from the Washington, D.C.-based company.

March was the only other month during 2012 that was stronger, with $95.310 billion in activity.

Volume nearly doubled from August 2011, when Fannie's new business acquisitions totaled just $44.306 billion.

Data from eMBS indicates that activity was up another 6 percent during September.

From Jan. 1 through Aug. 31, Fannie's secondary activity totaled $579.131 billion.

The total book of business closed out August at $3.1921 trillion, growing from $3.1872 trillion a month earlier -- when the total also climbed. During the same month in 2011, the balance was $3.1870 trillion.

Included in the latest number was a gross mortgage portfolio of $0.6608 trillion, which continued an ongoing runoff and fell from $0.6670 trillion one month earlier. The other component was outstanding mortgage-backed securities, which totaled $2.5313 trillion, growing from $2.5203 trillion in July.

Residential 90-day delinquency declined to 3.44 percent -- a level not seen since April 2009's rate of 3.42 percent. The rate fell from 3.50 percent in July and 4.03 percent in the same month last year.

Multifamily 60-day delinquency was also lower, falling to 0.25 percent from 0.26 percent. Fannie's multifamily rate was 0.43 percent in August 2011.

Late payments on apartment buildings have been lower each month since November 2011's rate of 0.60 percent.

Fannie Mae profile

next story

back to current headlines

Secondary Marketing News | Correspondent Lender Directory
Mortgage portfolio trades and forward commitments. Correspondent lending, r e p u r c h a s e s and warehouse news. Secondary marketing statistics and lawsuits.

Mortgage Backed Securities | MBS News | MBS Statistics
News about commercial and residential mortgage-backed securities. Stories about ratings actions and changes to servicer ratings. Studies and reports about the performance of securitizations and problem vintages and classes. Subprime, Alt-A, home equity and j u m b o analysis.

GSE News | Fannie/Freddie Share Statistics
Fannie, Freddie and FHLB news. Coverage of government sponsored enterprise regulation, operations and litigation.

Servicing News | Servicer Ranking | Delinquency Statistics
Stories about mortgage servicers, delinquency and f o r e c l o s u r e s. Coverage of servicing lawsuits and loan servicing technology.

Commercial Mortgage News | CRE Lender Directory | CRE Statistics
Stories about commercial lending on multifamily, office, retail and industrial properties.

Logout forgot

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders