Fannie Mae says, Delinquencies on a Decline

From DS News:



<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
d=5010e048e1&e=ebe71b748c
> Fannie Mae's Delinquencies Continue Year-Long
Decline


Fannie Mae has released new details on its book of business, which shows the
share of mortgages it owns or guarantees that's past due by three months or
longer has been on a steady decline for a year now. The nation's largest
mortgage company reported that its seriously delinquent rate on
single-family mortgage loans slipped to 4.44 percent in February of this
year. That's down just 1 basis point from 4.45 percent in January, but it
marks the 12th straight month that the rate has decreased.
<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
d=3b1d252c4d&e=ebe71b748c
> > Read More

-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
<http://www.sunilsethi.com/> www.sunilsethi.com

CA DRE#: 01173766