Ginnie Reclaimed Lead as Top Agency MBS Issuer in January, BofA Paced the Market
February 13, 2009
Ginnie Mae again ranked as the top program in the three-horse agency MBS market in January, accounting for 43 percent of total issuance – its highest level since the dawn of the mortgage securities industry.The government agency first eclipsed Fannie Mae and Freddie Mac back in October 2008, but Fannie issued a surge of new deals in December to reclaim the lead... [Includes one chart and one graph]