Fannie and Freddie See Significant Gain in MBS Business as Market Shifts to Fixed-Rate Loans
July 12, 2007
Fannie Mae and Freddie Mac are regaining a solid chunk of the market share they have ceded in recent years to the booming nonconforming mortgage sector as a sobering focus on tighter underwriting and a rebound in fixed-rate originations... [Includes three charts]
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
The 10-year Treasury rate is declining and the possibility of a recession is growing.
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