Mortgage Daily

Published On: June 1, 2009

Monthly issuance of mortgage-backed securities fell at Freddie Mac, grew at Ginnie Mae and flourished at Fannie Mae.

Issuance at Fannie skyrocketed to $127.0 billion during May, according to data reported by eMBS. Fannie’s volume rose from just $54.9 billion in April and $57.8 billion a year earlier.

So far this year, Fannie issuances total $331.9 billion.

Over at McLean, Va.-based Freddie, volume eased to $43.6 billion from April’s $46.4 billion but was higher than $40.7 billion in May 2008.

Freddie’s year-to-date volume was $193.2 billion.

Ginnie issuances climbed to $38.2 billion last month from the prior month’s $34.3 billion. Ginnie issued just $20.6 billion in May 2008.

From January through May, Ginnie issued $159.9 billion.

FREE CALCULATORS TO HELP YOU SUCCEED
Tools for Your Next Big Decision.

Amortization Calculator

Affordability Calculator

Mortgage Calculator

Refinance Calculator

FHA Mortgage Calculator

VA Mortgage Calculator

Real Estate Calculator

Tags

Pre-Approval Resources!

Making well educated decions in a matter of minutes and stay up to date on the latest news Mortgage Daily has to offer. Read our latest articles to stay up to date on what’s going on…

Resource Center

Since 1998, Mortgage Daily has helped millions of people such as yourself navigate the complicated hurdles of the mortgage industry. See our popular topics below, search our website. With over 300,000 articles, we are guaranteed to have something for you.

Your mortgages approval starts here.

Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.

Stay Up To Days with Today’s Latest Rates

Mortgage

Today’s rates starting at

4.63%

5/1 ARM
$200,000 LOAN

Home Refinance

Today’s rates starting at

4.75%

30 YEAR FIXED
$200,000 LOAN

Home Equity

Today’s rates starting at

3.99%

3 YEAR
$200,000 LOAN

HELOC

Today’s rates starting at

2.24%

30 YEAR FIXED
$200,000 LOAN