Freddie Raises Eyebrows with Sharp Drop In January PC Issuance: Fannie, Ginnie Up
February 14, 2003
Freddie Mac was forced to do a little explaining this week in the wake of new MBS issuance reports that showed its volume plunged last month while Fannie Mae’s and Ginnie Mae’s production rose. According to various Wall Street reports, Freddie’s fixed-rate PC volume plunged $20 billion – or 31 percent – between December and January. That was one of the biggest