California Remains Top GSE Market in 2008 As Slowdown Hits All States in Second Half
January 22, 2009
California was still the mother lode of new business for Fannie Mae and Freddie Mac in 2008, although the Golden State took its share of the downturn in business that hit nearly all areas of the country with about the same degree of force. A total of $156.17 billion of California home mortgages were sold to the two government-sponsored enterprises during... [Includes two charts]