It’s the first time Freddie’s MBS business has been larger than Fannie’s on an annual basis since 1991.

Ginnie MBS issuance outpaced the GSEs beginning in 2022, a trend that holds to this day. (Includes two data tables.)

Nonbanks of all sizes, except for HFAs, lost market share to all types of depositories. Even so, the rankings of the top 10 GSE sellers barely changed in the third quarter. (Includes two data tables.)

Freddie issuance totaled $35.67 billion in August versus $34.36 billion at Fannie — a rare instance in which Freddie was the larger issuer. Year to date, though, Fannie is still the leader. (Includes two data tables.)

Nearly all of the top 30 GSE sellers managed to increase deliveries to the enterprises in the second quarter, helping drive a 33.1% sequential bump in sales. Even so, year-to-date deliveries were down slightly. (Includes two data tables.)

Smaller lenders, with comparatively smaller declines in volume, saw their market share rise in the first quarter at the expense of large banks and large nonbanks. (Includes two data tables.)

Both the correspondent and broker channels increased their share of FHA and VA lending in 2023. (Includes data table.)

Fannie Mae and Freddie Mac accounted for 44.1% of all mortgage originations in 2023, compared with 48.6% in 2022 and more than 58% in both 2021 and 2020.

Deliveries to the GSEs in January dropped to their lowest level since February 2023, with both purchase and refi volume down. (Includes two data tables.)

All lender types, except HFAs and credit unions, saw GSE deliveries decline in the fourth quarter. For HFAs, that meant a spike in market share, albeit from a low starting point. (Includes two data tables.)