Fannie & Freddie Were Big Winners in 2003’s Record-Breaking MBS Issuance as Share Hit 70%
March 12, 2004
Fannie & Freddie Were Big Winners in 2003’s Record-Breaking MBS Issuance as Share Hit 70% With a record $2.72 trillion in new issuance and a hefty 46.2 percent increase on a year-over-year basis, 2003 was a very impressive year for the mortgage-backed securities market. But not all sectors of the MBS market posted the same gains. In fact, the government-sponsored enterprises – Fannie Mae and Freddie Mac – came away as the big winners in