Fannie Mae (OTCQB:FNMA) Q3 net interest income of $6.66B rose 15% Q/Q due to higher mortgage loan prepayment activity as a result of the historically low interest rate environment in Q3. The net ...
Mortgage prepayments are made for many different reasons, and research has been hampered by the inability to distinguish among those reasons for prepayment. In this article, I report results of a ...