Fannie Mae Sees Slight Uptick in Market Share; Officials Expect Shift Back to Conventional Loans
November 18, 2005
Fannie Mae officials said they are pleased that the government-sponsored enterprise garnered a larger share of the originations market during the third quarter, but they also said the company would not assume greater risks to chase volume and claimed that many alternative loan products are priced too low relative to their underlying risks. During a conference call with investors last week, Fannie officials noted that the GSE’s share of new…