Single-family performance at the Federal National Mortgage Association is better than it’s been in nearly a decade. Meanwhile, the manged portfolio continued to grow.
As of Aug. 31, the book of business at the Washington-based secondary mortgage lender worked out to $3.1883 trillion, according to its monthly summary.
The managed portfolio balance at Fannie Mae continued to grow from $3.1782 trillion one month earlier and $3.1130 trillion twelve months earlier.
Source: Mortgage Daily