twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to 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

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

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

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

Press Releases
Reports and announcements from

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









site map
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.

Annual Agency MBS Issuance Drops

Month-over-month rise at Fannie more than offset by declines at Freddie, Ginnie

Jan. 2, 2018

By Mortgage Daily staff

Despite an increase in securitizations at Fannie Mae, overall issuance of agency mortgage-backed securities fell in the final month of 2017. Annual activity also eased.

Between Fannie, Freddie Mac and Ginnie Mae, there were $107.220 billion in fixed-rate MBS issued during December. That was a 6 percent decline from the preceding month.

The drop was far month substantial compared to the final month of 2016, when $156.750 billion in MBS were issued on behalf of the trio of housing finance agencies.

The data were reported to Mortgage Daily by eMBS, a provider of data and analytics to MBS market participants.

For all of 2017, agency issuance amounted to $1.2756 trillion, falling from $1.4508 trillion in 2016.

Last month's biggest decline was at the Federal Home Loan Mortgage Corp., where activity fell 19 percent from November to $29.563 billion. The McLean, Virginia-based firm's issuance dropped 26 percent versus the same month in 2016.

Freddie's fixed-rate MBS issuance during the 12 months ended Dec. 31, 2017, was $335.825 billion, retreating from $382.601 billion the prior year.

A 5 percent decline left issuance on behalf of the Government National Mortgage Association at $34.250 billion. Ginnie's issuance was down by a quarter from December 2016.

Full-year 2017 issuance at government-owned Ginnie decreased to $438.134 billion from $493.624 billion one year earlier.

Only the Federal national Mortgage Association experienced a month-over-month increase: 5 percent to $43.407 billion. But the secondary lender had the largest year-over-year decline: 39 percent.

Washington-based Fannie's issuance totaled $501.672 billion for all 12 months of last year, diminishing from $574.611 billion in 2016.

Fannie Mae profile | Freddie Mac profile | Ginnie Mae profile

next story

back to current headlines

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

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


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