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]
Purchase-mortgage activity in the GSE market surged 21.5 percent higher in the third quarter – and Fannie recorded a whopping 35.9 percent jump in such business…
“Those on the left side of the political spectrum are more likely to know what the CFPB is and have a positive opinion of it,” said Cato’s Emily Ekins.