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November 11, 2016

GSEs Continue to Sell Nonprime Holdings

By Brandon Ivey

The serious delinquency rate on Fannie’s purchased/guaranteed Alt A mortgages was 5.27 percent at Sept. 30, down from 6.75 percent the year before.

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

We will fund about the same as we did in 2016.
We will fund more than last year – by a little.
We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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