Delinquencies Rise at Fannie Mae, Freddie Mac From: The Washington Post | Date: June 26, 2008| Author: David S Hilzenrath - Washington Post Staff Writer | Copyright 2008 The Washington Post. This material is published under license from the Washington Post.  All inquiries regarding rights should be directed to the Washington Post.Copyright information

In a sign of continuing trouble in the housing market, mortgage delinquency rates doubled over a 12-month period at Fannie Mae and Freddie Mac, the two industry giants reported yesterday.

In April, 1.22 percent of the conventional home loans that Fannie Mae guarantees were past due by at least three months or were in foreclosure. That was up from 1.15 percent in March and about twice the rate recorded in April 2007.

Freddie Mac said its delinquency rate was 0.81 percent in April,...

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