Fannie Mae and Freddie Mac ended 2002 with a bang in terms of new business volume, mortgage securities growth and portfolio holdings, as the year will go down in the record books as the best ever for the two GSEs. Fannie and Freddie combined for $1.49 trillion in “new business” during 2002, breaking the record of $1.09 trillion in annual volume set in 2001. That translated into a 59.3 percent share of last year’s