Monthly securitizations of single-family loans backed by the agencies moved up from a month earlier but retreated compared to a year earlier.
Between Fannie Mae, Freddie Mac and Ginnie Mae, $94.344 billion in fixed-rate mortgage-backed securities were issued during May.
Agency issuance ascended 3 percent from the preceding month and brought year-to-date securitization volume to $502.523 billion.
Source: Mortgage Daily
