Fannie Mae guaranty book of business falls for fifth straight month in May

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Fannie Mae's (OTCQB:FNMA) guaranty book of business retreated for the fifth consecutive month in May, decreasing at a 0.5% compound annualized rate to $4.126T.

The government-sponsored enterprise's conventional single-family delinquency rate dipped two basis points last month to 0.53%, while the

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