twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
Mortgage Backed Securities | MBS News | MBS Statistics
News about commercial and residential mortgage-backed securities. Stories about ratings actions and changes to servicer ratings. Studies and reports about the performance of securitizations and problem vintages and classes. Subprime, Alt-A, home equity and j u m b o analysis.


Freddie Leads Latest Drop in Agency MBS Issuance

Fixed-rate MBS issuance down 13% in October

Nov. 1, 2013

By Mortgage Daily staff

Monthly issuance of agency mortgage-backed securities continued its descent to levels not seen in more than two years, with the Federal Home Loan Mortgage Corp. taking the biggest hit.

Between the Federal National Mortgage Association, Freddie Mac and the Government National Mortgage Association, issuance of fixed-rate MBS totaled $89.421 billion during October.

It was the slowest month for agency issuance since September 2011, when securitizations at the trio of government-controlled companies amounted to a revised $87.585 billion.

Volume was $102.332 billion in September 2013 and a revised $131.989 billion in October 2012, according to the data, which was provided by eMBS.

From Jan. 1 until Oct. 31, fixed-rate agency issuance amounted to $1.3463 trillion.

The biggest decline was at Freddie, where securitizations slowed 20 percent from a month earlier to $19.923 billion in October. Volume at the McLean, Va.-based company was a revised $41.675 billion a year earlier.

Freddie's year-to-date issuances landed at $367.930 billion.

The next-biggest drop was at Fannie Mae, where fixed-rate issuance declined nearly 11 percent from September to $44.571 billion. Year-earlier volume at Fannie was a revised $57.120 billion.

During the first 10 months of this year, the Washington, D.C.-based company saw issuances of $646.440 billion.

Activity at Ginnie Mae was the least bad of the three companies, off less than 10 percent to $24.927 billion last month. In the same month during 2012, fixed-rate issuance at the government-owned corporation was $33.194 billion.

Ginnie's year-to-date issuances totaled $331.361 billion.

Fannie Mae profile | Freddie Mac profile | Ginnie Mae profile

next story

back to current headlines


Origination News | Lender Ranking | Fundings by Lender | Statistics
Quarterly residential mortgage production by lender. Subprime, Alt-A, home equity and conforming originations. Volume by quarter since 2003.


GSE News | Fannie/Freddie Share Statistics
Fannie, Freddie and FHLB news. Coverage of government sponsored enterprise regulation, operations and litigation.


FHA News | Government Resources | M o r t g a g e e Letters | FHA Statistics
FHA, VA and HECM mortgage news. HUD and G i n n i e news also. Originations, servicing and FHA approval.



Secondary Marketing News | Correspondent Lender Directory
Mortgage portfolio trades and forward commitments. Correspondent lending, r e p u r c h a s e s and warehouse news. Secondary marketing statistics and lawsuits.



Logout forgot
password?

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders