Purchase-Mortgage Boom Pumps Up Fannie/Freddie Business in 3Q17, But Refi Market Also Expanded
October 5, 2017
The conventional secondary market caught up with the seasonal surge in home-buying activity during the third quarter, leading to a hefty 17.9 percent jump in the production of Fannie Mae and Freddie Mac mortgage-backed securities. The two government-sponsored enterprises issued $223.61 billion of single-family MBS during the recently completed third quarter, a new Inside Mortgage Finance analysis reveals. Although that was the strongest ... [Includes three data charts]