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Fannie Mae Loan Delinquency Rate Skyrockets: Up 300% Over 2008
Fannie Mae Loan Delinquency Rate Skyrockets: Up 300% Over 2008
Tyler Durden paints an ugly picture for the U.S. taxpayer, courtesy Barney Frank (D-MA) and Chris Dodd (D-CT).The [Fannie Mae] "seriously delinquent" rate has gone parabolic, increasing by roughly 5% sequentially and just under 300% YoY [year-over-year]. As mere text will simply not do this ...
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Fannie Mae Delinquency Rate Up Over 300%
Flopping Aces — Oh boy: (h/t Doug Ross) The [Fannie Mae] “seriously delinquent” rate has gone parabolic, increasing by roughly 5% sequentially and just under 300% YoY [year-over-year]. As mere text will simply not do this metric justice, please enjoy this chart of the dataset from Blytic. It tells you all you need to know about the Fed’s containment of the housing problem. The August seriously delinquent single-family number comprised of a 2.87% non-credit enhanced ...

FDIC CLOSES NINE MORE BANKS. “The closings boost the number of failed U.S. banks this year to 115. …
Instapundit — FDIC CLOSES NINE MORE BANKS. “The closings boost the number of failed U.S. banks this year to 115. The nine banks closed Friday were the most the agency has shut in one day since the financial crisis began taking down banks last year.” Related: Fannie Mae Delinquency Rate Skyrockets. ...

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