Volume 14 - Number 6
March 21, 2014
Downloads Available: GSE MBS Monthly Trends Feb. 2014
Fannie, Freddie Refi Deliveries Continue to Decline in February
A continued decline in GSE refinances, in concert with faltering purchase activity midway through the first quarter, helped contribute to an overall drop in the volume of single-family mortgages securitized by Fannie Mae and Freddie Mac in February. Fannie and Freddie issued $44.6 billion in single-family mortgage-backed securities in February, a 5.1 percent decline from January and a steeper 62.0 percent drop for the first two months of 2014 compared to the same period in the previous year.
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