Friday, July 27, 2007

UPDATE 1-Fannie Mae portfolio grows, subprime stable

(Reuters) - The largest U.S. home funding company's growth in June and
in May comes as mortgage assets have cheapened considerably.




Mortgage securities have sharply underperformed Treasuries
as risk-averse investors fear greater housing, credit and
lending fallout stemming from a crisis in the subprime mortgage
sector.


Read more at Reuters.com Bonds News

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