Reflecting the rate-driven industry slowdown, the growth of Fannie Mae's mortgage purchases and issuance of mortgage securities slowed last month.

Fannie's portfolio grew 18.3% in July, to $480.7 billion. That was slower than the 22.3% growth rate in June, the company said. The portfolio has grown 27% this year.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.