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Home » Store » Agency MBS » Nonbanks Continue Growing Their Share of Agency Servicing Market in 2Q16, Ginnie Passes Freddie

Nonbanks Continue Growing Their Share of Agency Servicing Market in 2Q16, Ginnie Passes Freddie

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Agency MBS

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Ginnie Mae edged past Freddie Mac in servicing outstanding on single-family mortgages tied to mortgage-backed securities during the second quarter of 2016, according to a new ranking and analysis by Inside Mortgage Finance. MBS disclosure reports show the supply of Ginnie mortgage servicing rights grew 2.1 percent during the second quarter, climbing to $1.576 trillion, excluding multifamily and reverse mortgage MBS. The supply of Freddie single-family servicing edged up just 0.4 percent from March, reaching $1.558 trillion and slipping to third in the agency MSR market. Fannie Mae single-family MSR servicing declined...[Includes two data tables]
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