Fannie, Freddie MBS Business Activity Continues Drop in January
February 21, 2014
Last years steady decline in GSE refinance activity continued into 2014 and contributed to an overall dip in the volume of single-family mortgages securitized by Fannie Mae and Freddie Mac, according to a new Inside The GSEs analysis. Fannie and Freddie issued $47.0 billion in single-family mortgage-backed securities in January, a 15.8 percent decline from December 2013 and a steeper 61.9 percent decrease from the same period a year ago.