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Fannie Mae's total Book of Business, which includes the gross mortgage portfolio plus the total Fannie Mae mortgage-backed securities and other guarantees less the Fannie Mae mortgage-backed securities in the portfolio, decreased at a compound annualized rate of 0.1 percent in February, down to $3.1214 trillion. It was the second consecutive month of contraction for Fannie Mae's Book of Business after expanding for three out of four months between September and December.
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