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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (51100)	3/10/1999 12:26:00 AM
From: JRI	Read Replies (1) \| Respond to of 132070

You wrote <Dell is EMC's biggest customer> ???? EOM

To: Knighty Tin who wrote (51100)	3/10/1999 10:10:00 AM
From: Daniel Joo	Read Replies (1) \| Respond to of 132070

MB, news on SAP today. cbs.marketwatch.com Dan

To: Knighty Tin who wrote (51100)	3/10/1999 10:26:00 AM
From: yard_man	Read Replies (1) \| Respond to of 132070

I think we were too early, but bust is around the corner ... Fannie Mae Feb mtge purchase commitments $26.5 bln NEW YORK, March 10 (Reuters) - Fannie Mae's (NYSE:FNM - news) commitments to purchase mortgages were $26.5 billion in February, the government-sponsored entity (GSE) said on Wednesday, with a strong showing also seen in mortgage purchases and mortgage-backed issuance. The net mortgage portfolio grew by $13.5 billion to $432.5 billion, an annualized growth rate of 38.6 percent compared with 11 percent in January. Also, Fannie Mae said, the year-to-date annualized net mortgage portfolio growth rate was 25 percent. The GSE also reported mortgage purchases at $22 billion in February, up from $14 billion in January. Portfolio liquidations were $8.4 billion in February compared with $9.8 billion in January. Net commitments to purchase mortgages, at $26.5 billion for February, were the second highest on record for the GSE and up from $20.8 billion in January. Total mortgage-backed securities (MBS) outstanding increased by $15.9 billion in February to reach $866.9 billion, a 22.4 percent annualized growth rate compared with 23.8 percent in January. MBS issues were $33.4 billion in February compared with $40.8 billion in January. Liquidations decreased to $17.5 billion in February from $24.3 billion in January. Fannie Mae's net interest margin decreased four basis points to 101 basis points in February as a result of lower average mortgage-backed securities (MBS) float balances and an increase in longer-term callable debt issues funding mortgage purchases. Also, the GSE said, the conventional single-family at-risk serious delinquency rate was 0.6 percent in January, compared with 0.58 percent in December of last year. The conventional multifamily at-risk serious delinquency rate was an all-time low 0.27 percent in January compared with 0.29 percent in December.