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Home » News » Surging Purchase-Loan Sector in GSE Market Lifts Correspondents in 3Q17
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Surging Purchase-Loan Sector in GSE Market Lifts Correspondents in 3Q17

October 6, 2017
Fannie Mae and Freddie Mac saw a huge jump in deliveries of purchase-money mortgages during the third quarter, although the first-timer share of the market fell slightly. The two government-sponsored enterprises securitized $140.75 billion of purchase mortgages during the third quarter, an increase of 26.4 percent from the previous three-month period. Purchase loans accounted for 62.9 percent of loans sold into GSE mortgage-backed securities during ... [Includes two data charts]
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