Fannie Mae’s MBS Issuances Drop 36%

31 May 2011

Fannie Mae saw its issuance of guaranteed mortgage-backed securities decline 36% in April from $54 billion to $34.5 billion, the lowest level since January 2009.

Fannie Mae saw its issuance of guaranteed mortgage-backed securities decline 36% in April from $54 billion to $34.5 billion, the lowest level since January 2009. At its peak, in June 2009, Fannie Mae issued $130 billion. The government-sponsored enterprise also reduced its mortgage portfolio for the 10th month ...

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