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Home » Store » Characteristics » Flow of Private MI Loans Into Fannie/Freddie Market Up Sharply in 2Q16, But FHA/VA Markets Also Surged

Flow of Private MI Loans Into Fannie/Freddie Market Up Sharply in 2Q16, But FHA/VA Markets Also Surged

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Characteristics

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Fannie Mae and Freddie Mac securitized $58.61 billion of single-family home loans that carried private mortgage insurance during the second quarter of 2016, a solid 33.0 percent increase over the first three months of the year, according to a new ranking and analysis by Inside Mortgage Finance. The boost in private MI business was slightly stronger than the 26.2 percent increase in overall single-family mortgage-backed securities issuance for the two government-sponsored enterprises during the same period. Overall, the biggest increase in GSE business during the second quarter was...[Includes two data tables]
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