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Home » Store » News » Fannie’s Capital Shortfall Lays Groundwork for Significant GSE Market Share Boost for Freddie

Fannie’s Capital Shortfall Lays Groundwork for Significant GSE Market Share Boost for Freddie

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An expected slowdown in the mortgage business combined with regulatory difficulties hurt Fannie Mae last month and allowed Freddie Mac to regain market share on its larger rival. According to statistics gathered by Inside Mortgage Finance, Freddie logged $36.6 billion in new business in February, while Fannie reported $40.2 billion. This gave Freddie 47.7 percent of the agency market for the month. …
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