Agency MBS Volume Drops Sharply in October; Ginnie Challenges for Lead
November 5, 2009
Mortgage securitization activity fell sharply in October, with total production by Fannie Mae, Freddie Mac and Ginnie Mae slumping by 22.6 percent from the previous month, according to a new ranking and analysis based on the Inside Mortgage Finance MBS Database. The biggest declines were at the government-sponsored enterprises. Fannie issued $39.39 billion of single-family mortgage-backed...