Freddie celebrated its 50th anniversary in July with a historic $107 billion in single-family MBS issuance. Purchase-mortgage business was up at all three agencies. (Includes two data charts.)
It’s here: A mortgage-backed security, 15-years in duration, that pays investors a note rate of 1.5%. Would you lock up your money for that long? You may not have a choice.
In the first half of 2020, Freddie priced 28 deals totaling $20.73 billion. So far in the third quarter, it has already brought 10 and has 13 transactions on its calendar through September.