Freddie Mac was out front of a month-over-month ascension in the issuance of agency mortgage-backed securities. It was a different story for Ginnie Mae.
Between Fannie Mae, Freddie Mac and Ginnie Mae, issuance of fixed-rate MBS came to $114.059 billion during November.
Activity accelerated versus one month previous, when $110.907 billion in MBS were issued on behalf of the trio of government-controlled companies.
Source: Mortgage Daily