Mortgage Production Volume Rebounds Smartly In Early 2009; Fannie and Freddie Set the Pace
April 30, 2009
Mortgage origination activity increased by a robust 71 percent during the first quarter of 2009, fueled by a huge supply of conventional mortgage refinances pouring through securitization programs at Fannie Mae and Freddie Mac. An estimated $445 billion of single-family mortgages were originated during the first three months of... [Includes two charts and one graph]