With the Federal Home Loan Mortgage Corp. leading the way, agency securitizations moved up from the prior month but slowed from a year prior.
Between Fannie Mae, Freddie Mac and Ginnie Mae, fixed-rate issuance of mortgage-backed securities worked out to $108.265 billion during July.
Securitizations on behalf of the trio of housing finance agencies increased compared to the preceding month, when the total came to $105.441 billion.
Source: Mortgage Daily