GSE Business Drops Sharply in Early 2011 As Refinance Production Begins to Slow
April 7, 2011
American consumers have their own plan for winding down the government-sponsored enterprises: theyre refinancing less and showing little interest in borrowing to buy a new home. New business volume at Fannie Mae and Freddie Mac plummeted by 21.3 percent from the fourth quarter of 2010 to... [Includes three data charts]