Fannie Mae and Freddie Mac generated record volumes of new mortgage business during the second quarter, which now appears likely to have set a new all-time high in loan originations. Fannie Mae reported a record $165.7 billion in new business during the April-June period, including mortgages purchased for portfolio and MBSs sold to other investors. That represents a hefty 56 percent increase over the strong level reached in the first quarter and well more than