Agency MBS Issuance Highest in Nearly 1 Year

The issuance of mortgage-backed securities by the government-controlled agencies last month ascended to the highest level in nearly a year.

There were 5 percent more in fixed-rate MBS issued on behalf of Fannie Mae, Freddie Mac and Ginnie Mae in June than in the prior month.

Based on historical issuance data, the three organizations’ collective securitizations were greater than during any single month since July 2015.

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From:: Financing