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» GSE Business Declined in 2Q13, Refis Drop but Purchase Volume Rises
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GSE Business Declined in 2Q13, Refis Drop but Purchase Volume Rises
July 2, 2013
John Bancroft
The silver lining in the 2Q numbers is a strengthening home-purchase market. Fannie and Freddie securitized $81.7 billion of home-purchase mortgages during the second quarter, their highest quarterly volume since the second quarter of 2009.
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