Fannie Outperforms Rival Agencies
Fannie Outperforms Rival Agencies
Fannie Mae's issuance of fixed-rate mortgage-backed securities rose 19 percent in December from November. By comparison, monthly volume fell 23 percent at Freddie Mac and about 1 percent at Ginnie Mae. On an annual basis, Fannie Mae saw issuance decline an estimated 8 percent between 2010 and 2011, but Freddie Mac levels were down nearly a quarter and Ginnie Mae issuance slumped 23 percent.
Source: "Fannie Outperforms Rival Agencies," Mortgage Daily (01/02/2012)
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