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Fannie Mae’s Book of Business Contracts in April

Tue May 19, 2015

Fannie Mae’s book of business shrank again in April, continuing an uninterrupted streak of declines that started at the end of 2013. According to the enterprise’s volume summary report, the book’s total value contracted in April at a compound negative growth rate of 2.7 percent. The latest drop brings the book’s average year-to-date growth rate to -2.3 percent.

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