Fannie Mae mortgage holdings fell sharply in Nov
- Monday, December 28, 2009, 18:57
- Business News
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NEW YORK (Reuters) – Fannie Mae’s gross mortgage portfolio shrank sharply in November, at an annual 26.1 percent rate, to $752.2 billion, the largest U.S. home funding provider said on Monday.
The company’s mortgage investments have fallen by an annual 4.9 percent year to date, from $787.3 billion at the end of last year.
