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Fannie Mae says over 36,000 homes in its portfolio in Harvey's path
August 28, 2017 / 2:41 PM / 4 months ago

Fannie Mae says over 36,000 homes in its portfolio in Harvey's path

NEW YORK, Aug 28 (Reuters) - Fannie Mae said on Monday 36,583 single-family homes whose mortgages it guarantees were in the initial impact area of Harvey, the most powerful storm to hit Texas in more than 50 years.

These homes in Harvey’s path have about $5.1 billion in unpaid principal balance, the mortgage finance agency said. (Reporting by Richard Leong; Editing by Chizu Nomiyama)

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