Tuesday, September 29, 2009

Fannie Mae Serious Delinquency Rate increases Sharply (FNM)

Housing is not out of the woods yet. From Calculated Risk:
Here is a hockey stick graph ...

Fannie Mae Seriously Delinquent Rate Click on graph for larger image in new window.

Fannie Mae reported that the serious delinquency rate for conventional loans in its single-family guarantee business increased to 4.17 percent in July, up from 3.94 percent in June - and up from 1.45% in July 2008....MORE