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Home » Store » Taxable » New Business Volume Booms at Fannie Mae and Freddie Mac in August, Autumn Surge Ahead

New Business Volume Booms at Fannie Mae and Freddie Mac in August, Autumn Surge Ahead

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Mortgage purchase volume spiked dramatically in the conforming loan secondary market during August, as Fannie Mae and Freddie Mac both reported huge gains in new business activity. Together, the two government-sponsored enterprises reported some $103.57 billion in “new business,” which includes mortgage purchases and new securitizations. That was up 23.1 percent from the $84.1 billion the two GSEs reported for
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