Agency MBS Production Slumped in January as Refinance Surge Weakened
February 4, 2011
The volume of new agency MBS issued in January dropped 11.2 percent from the previous month to its lowest level since August 2010, according to a new Inside MBS & ABS analysis. Fannie Mae, Freddie Mac and Ginnie Mae issued a total of $136.1 billion in new single-family MBS during January. Monthly production volume climbed...[Includes one data chart]