Ginnie Mae Tops in Agency REMIC Issuance In 1Q15, Credit Suisse First in Underwriting
June 26, 2015
Ginnie Mae accounted for 40.4 percent of new structured finance deals backed by agency single-family MBS during the first quarter of 2015, making it the top issuer in the sector despite a 3.9 percent drop in volume from the previous quarter. Freddie Mac was the only agency-backed real estate mortgage investment conduit issuer to increase production from the fourth quarter. Credit Suisse saw...[Includes one data table]