A record $274.57 billion of non-agency MBS transactions were specifically designed to be eligible for sale to Fannie Mae and Freddie Mac in 2005, but the two government-sponsored enterprises actually saw their penetration of the booming market decline. A new Inside MBS & ABS analysis shows that last year’s $274.57 billion of GSE-eligible non-agency MBS was up 14.3 percent from the previous year as Freddie Mac and Fannie Mae continued to buy aggressively in the… [Two data tables included]