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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Related posts:

  1. BofA Completes 33,000 Permanent HAMP Mods
  2. FHA-HAMP Takes ‘Slight’ Effect on Ginnie Mae Prepay Speeds: Barclays
  3. FDIC Says Mortgages Retain Risk-Weight After HAMP
  4. Private Sector Mortgage Modifications Outnumber HAMP 2 to 1
  5. Chase Signs on to Modify Second Lien Mortgages with HAMP

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