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Fannie Mae retained portfolio shrinks

Fannie Mae reported last week that its retained portfolio shrunk 4.8% in January to $721.4 billion. This compares to 12.3% growth in December to $724.4 billion. Previously, Freddie Mac reported 4.4% growth in its retained portfolio to $706.2 billion, after contracting 1.2% in December.

The shrinkage resulted from sales...

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