Fannie Mae provided added details on what the GSE plans to do regarding the delinquencies on its MBS guarantee portfolio, and released details clarifying the timeline in which it will remove delinquent loans.

The agency said that it will repurchase between 150,000 to 200,000 of loans in March. Barclays Capital analysts said that if the buyouts continue at this pace, 25% to 30% of the delinquency pipeline will be removed each month over the next three to four months.

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