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August 15, 2014

Subprime Holdings at Fannie and Freddie Continue to Run Off

By Brandon Ivey

Fannie and Freddie held a combined $252 billion in Alt A and subprime mortgage assets at the end of June, down 18.3 percent from the second quarter of 2013.

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The year is almost 75% done. How is mortgage origination volume at your shop?

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We will fund less than last year – by a lot.

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