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FANNIE MAE REPORTS POSTED YIELDS

 FANNIE MAE REPORTS POSTED YIELDS
 WASHINGTON, June 1 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) today reported its posted yields for May 29, 1992. All Fannie Mae yields are quoted on a net basis. Servicing fees are not included.
 Fixed-Rate Mortgage Yields
 (30-Day Mandatory Delivery for Actual/Actual Remittances)
 Week Year
 Current Ago Ago
 Conventional
 15-Year FRM 7.890 8.02 8.94
 30-Year FRM 8.370 8.47 9.29
 FHA/VA (30-Year FRM) 8.620 8.72 9.54
 10-, 60- and 90-day yields are also available.
 Second Mortgages 7.950 8.05 8.89
 Adjustable-Rate Mortgage (30-year term) Yields
 Adjustment Interest Rate
 Period Caps Week Year Net
 (year) Per Adj. Lifetime Current Ago Ago Margin
 1 1 pct. 6 pct. 6.700 6.70 7.75 2.000 pct.
 1 (FHA) 1 pct. 5 pct. 6.950 6.95 8.00 2.000 pct.
 1(A) 2 pct. 6 pct. 5.600 5.60 6.65 2.250 pct.
 6 mos(A)
 (COF)(B) 1 pct. 5 pct. 5.800 5.80 6.80 2.125 pct.
 (A) Rate reduction
 (B) 11th District Cost of Funds indexed ARM.
 Lower yields are available for 15-year term ARMs.
 LIBOR Index Series
 Release Date 1-month 3-Month 6-Month 12-Month
 May 28, 1992 4.016 4.078 4.250 4.750
 April 29, 1992 3.969 4.078 4.266 4.703
 Commitment and Purchase Volumes ($Millions)
 Week Previous
 Ending Year to Year to
 05/29/92 Date Date
 Commitments to Purchase(A) 966.3 30,782.5 14,141.0
 Purchases 1,217.0 30,254.0 12,952.0
 MBS Issued 870.0 78,155.7(B) 35,853.7
 (A) Excludes standby commitments issued, but includes standbys converted.
 (B) Adjusted.
 -0- 6/1/92
 /CONTACT: Lisa Haas of the Federal National Mortgage Association, 202-752-3580/
 (FNM) CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:


DC -- DC035 -- 5923 06/01/92 17:15 EDT
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Publication:PR Newswire
Date:Jun 1, 1992
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