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Home » Securitization of Private MI Loans Declined In 4Q16 Despite Jump in Insured Refi Loans
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Securitization of Private MI Loans Declined In 4Q16 Despite Jump in Insured Refi Loans

January 12, 2017
Lenders delivered $68.26 billion of single-family loans with private mortgage insurance coverage, including modified loans, into Fannie Mae and Freddie Mac mortgage-backed securities during the fourth quarter of 2016, according to a new Inside Mortgage Finance analysis and ranking. Fourth-quarter private MI activity for the two government-sponsored enterprises was down 10.1 percent from the previous quarter. Overall, Fannie/Freddie single-family MBS production was up 5.7 percent in the fourth quarter. The drop in MI-insured business at the two GSEs tracked...[Includes two data tables]
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