|Fannie’s Book of Business Tops $2 Trillion; Duration Gap Widens
Business volume $129 billion in May
June 13, 2003
By MortgageDaily.com staff
|The loan business is still booming for Fannie Mae, according to the company’s latest production numbers.
The secondary-lending giant reported a $2 trillion book of business for the month ending May 31.
Business volume for May totaled $129 billion, off
So, you’re interested in refinancing your mortgage. Maybe you want some extra capital to do that home project you’ve always dreamed of, interest rates are nearing record lows, or you want to start consolidating debt. Regardless of the motivation behind the refinance,...