Fannie Mae mortgage holdings fell sharply in Nov

By IBTimes Staff Reporter | December 28 2009 6:48 PM

Fannie Mae's gross mortgage portfolio shrank sharply in November, at an annual 26.1 percent rate, to $752.2 billion, the largest U.S. home funding provider said on Monday.

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The company's mortgage investments have fallen by an annual 4.9 percent year to date, from $787.3 billion at the end of last year.

(Reporting by Lynn Adler)

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