More GSE Business Appears to be Eligible For Mortgage Insur-ance Coverage in 2006
July 20, 2006
A somewhat higher share of loans being delivered to Fannie Mae and Freddie Mac in 2006 look like candidates for private mortgage insurance, according to a new analysis based on the Inside Mortgage Finance MBS Database. Through the first half of 2006, some $101.92 billion of single-family mortgage pools guaranteed by the two government-sponsored enterprises had an average loan-to-value ratio of greater than 75 percent. That was up 19.0 percent from the volume of such… [One data table included]