Despite a slow fourth quarter, 2018 turned out to be the most profitable year since 2013 for Fannie Mae and Freddie Mac. And, although only a fraction of the size of the GSEs’ single-family business, multifamily remained a bright spot. [Includes one data chart.]
Fannie Mae and Freddie Mac issued a combined total of just $51.86 billion of single-family mortgage-backed securities in January, their lowest monthly production since February 2016. [Includes two data charts.]
The supply of Freddie Mac single-family mortgage servicing rights grew at more than twice the rate of increase in Fannie Mae product during 2018, according to a new Inside the GSEs analysis and ranking. [Includes two data charts.]
Single-family mortgage business at Fannie Mae and Freddie Mac slumped in the fourth quarter of 2018 as purchase-mortgage activity faded, according to a new Inside The GSEs analysis of mortgage-backed securities disclosures. [Includes two data charts.]
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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