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Home » Store » News » A Year of Rapid Expansion Brings Nonconforming Segment to Major Role in U.S. Mortgage Market

A Year of Rapid Expansion Brings Nonconforming Segment to Major Role in U.S. Mortgage Market

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The booming subprime and Alternative A mortgage markets have made a number of lenders major players in the industry in 2005, and dramatically reshaped the role played by Fannie Mae and Freddie Mac in the secondary market. Total originations in the subprime and Alt A market have climbed to $708 billion in the first nine months of 2005 – or 30.8 percent of total mortgage production for the year. That carries forward the momentum started… [One data table included]
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