GSE Business Volume Booms in Early 2009 As Mortgage Market Turns More Conservative
April 2, 2009
Fannie Mae and Freddie Mac last month posted their biggest monthly volume in new mortgage-securities issuance in nearly five years as a surge of refinance business poured into the secondary market, according to a new ranking and analysis by Inside Mortgage Finance.Together, the two government-sponsored enterprises issued a whopping $144.85 billion of single-family... [Includes three charts]