Agencies Continue to Dominate ‘Jumbo’ Market In Early 2010 Despite Declining Business Volume
June 10, 2010
Fannie Mae, Freddie Mac and the FHA accounted for nearly 60 percent of the financing of mortgages exceeding $417,000 during the first quarter of 2010, according to a new Inside Mortgage Finance analysis. The three agencies generated $22.27 billion in business involving mortgages over $417,000 – the conforming loan limit in existence before Congress significantly... [Includes two charts]