Agency MBS Issuance Up Again in July as Purchase-Mortgage Market Hit a New Level
August 4, 2017
Mortgage lenders last month pumped a hefty $112.36 billion of single-family home loans into the MBS platforms of Fannie Mae, Freddie Mac and Ginnie Mae, according to a new ranking and analysis by Inside MBS & ABS. July’s agency MBS production was up 2.9 percent from the previous month, though it still hasn’t caught up to the monthly volume issued from May of last year through January 2017. Year-to-date production was down 0.3 percent from the first seven months of 2016. The purchase-mortgage business continued...[Includes two data tables]