By xhevrije
Fannie Mae’s gross mortgage portfolio has decreased for the second consecutive month at a compound annualized rate of 17.4 percent in April, according to Fannie Mae’s April 2015 Monthly Volume Summary, released today. The GSE’s book of business decreased in April, dropping at a compound annualized rate of 2.1 percent, from $3.13 trillion in April 2014 to $3.11 trillion in April 2015, according to the summary. The book of business has only seen one positive compounded growth rate increase of 0.4 percent this year in March.
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