Fannie Prepays Plunge ‘Unexpected’ 6%
” The prepayment rate among Fannie Mae (FNM: 0.91 -1.09%) 30-year notes slipped 6% “unexpectedly” after the government-sponsored entity (GSE) suspended buyouts related to the Home Affordable Modification Program (HAMP), according to monthly commentary by Barclays Capital.”
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