Wells Fargo Takes Over as Top Agency MBS Issuer In August; Chase and Citi Are Gaining Ground
September 19, 2008
Wells Fargo ranked as the top issuer of agency MBS during August as the company boosted its production volume by 10 percent while the rest of the market slumped 3 percent. Wells Fargo issued a total of $17.48 billion of agency MBS last month, which amounted to 21 percent of total production by the industry. The company ranked as the top issuer of Ginnie Mae MBS... [Includes two charts]