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.
“Includes seriously delinquent conventional single-family loans as a per cent of the total number of conventional single-family loans.”
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