worthey notes on FMNA
· Fannie Mae (OTCQB:FNMA)
chief economist Doug Duncan sees 2015 single-family mortgage originations of
$759B, up 8% from his forecast at the start of the year. Were originations to
hit that level, they would be up 12% from 2014.
·
"Purchase mortgage applications have moved up consistently
for a couple of months,” says Duncan.
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