Fannie Mae Shows Large Increase in Delinquencies
Total nonperforming loans in our guaranty book of business were $171.0 billion on June 30, 2009, compared with $144.9 billion on March 31, 2009, and $119.2 billion on December 31, 2008.
That is an increase of 18% from Q1 2009 to Q2 2009, following an increase of 22% from Q4 2008 to Q1 2009.
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