Monthly issuance at the three federally controlled housing finance agencies turned solidly higher from the prior month, though there was a year-over-year decline.

The final month of the first-half 2017 saw $105.441 billion in fixed-rate mortgage-backed securities issued on behalf of Fannie Mae, Freddie Mac and Ginnie Mae.

Securitizations turned solidly higher compared to the previous month, when there were $94.344 billion in MBS issued on behalf of the government-controlled firms.

Source: Mortgage Daily