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There’s always something to howl about

Anyone think that Fannie and Freddie are “out of the woods?”

Then check out this chart marking delinquencies at Fannie Mae.  

Calculated Risk: Fannie Mae: Delinquencies Increase Sharply in October

Fannie Mae reported today that the rate of serious delinquencies – at least 90 days behind – for conventional loans in its single-family guarantee business increased to 4.98% in October, up from 4.72% in September – and up from 1.89% in October 2008.

2 comments

2 Comments so far

  1. Doug Francis December 29th, 2009 3:33 pm

    That graph is staggering…

  2. stephanie crawford December 29th, 2009 8:51 pm

    OUCH!