GSE Mortgage Securities Business Hits 6-Year High in 2009 Despite Second-Half Slowdown
January 7, 2010
Fannie Mae and Freddie Mac in 2009 posted their biggest production numbers in six years despite operating as wards of the U.S. government. Fannie and Freddie generated a whopping $1.247 trillion of single-family mortgage-backed securities last year, according to the Inside Mortgage Finance MBS Database. That was up 39.3 percent from 2008 and was... [Includes three charts]