paul roesch real estate agent: Fannie Mae's Delinquencies Drop, Portfolio Expands with Buybacks
- 07/03/10 03:59 AM
Fannie Mae says delinquencies on home loans it guarantees declined again in April, marking the second consecutive month that past dues have fallen. Marketobservers say the successive improvements in delinquency numbers at the nation’s largest mortgage financier may be the beginnings of a positive trend that will soon spread to the rest of the industry.According to the GSE’s monthly summary report released Tuesday, its single-family serious delinquency rate – the tag given to loans at least 90 days past due – fell 17 basispoints in April to 5.30 percent. That follows a drop of 12 basis points in March, which was (0 comments)
I sell real estate assets fast and economically. I auction household, estate, real estate and downsizing auctions. Brokers and agents encouraged for referral of sellers and buyers.
Paul Roesch cell: 618-407-8479