$52 billion November business purchases
By MortgageDaily.com staff
12/23/2005

Fannie Mae volume edged up in November.

November business volume of $52.0 billion was barely changed from the previous month and from a year ago, according to Fannie's monthly summary report.

The Washington, D.C.-based company's $2.3 trillion book of business was comprised of $1.6 trillion in outstanding mortgage-backed securities and a $0.7 trillion gross mortgage portfolio.

Single-family delinquency, which the secondary lender reports on a one-month lag, ticked up 3 basis points to 0.64% during October.

Fannie said its duration gap changed to 0 months in November from +1 during the previous two months.

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