Fannie Mae, Freddie Mac Post Record Securitization Numbers in October, and Fireworks Aren’t Over Yet
November 22, 2002
October appears to have written itself into the record books as the biggest month ever in new mortgage securitization activity, but bigger things may be in store. Fannie Mae and Freddie Mac each set corporate issuance records last month, pumping out a combined total of $141.84 billion in new MBSs. That was up 28.5 percent from September’s very strong $110.39