Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Fannie Mae released the latest monthly summary

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August 31, 2005

Fannie Mae released the latest monthly summary

July activity showed few interesting numbers:

"
• Total lender-originated MBS issues rose to $43.3 billion from $40.0 billion in June, reflecting an increase in fixed-rate origination.

• Both the conventional single-family and multifamily delinquency
rates remained stable in June at 0.57 percent and 0.10 percent, respectively.

• ARM share of conventional mortgage applications fell by nearly 2 percent to 29.9 percent in July, the lowest monthly average ARM
share recorded since March 2004.
"

See the entire summary.

 
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