GSE Loan Purchases Head South, 4Q Volume at Just $159 Billion

Inside Mortgage Finance, Jan. 10, 2023–Dennis Hollier (subscription)
Fannie Mae and Freddie Mac issued just $158.94 billion of mortgage-backed securities in the fourth quarter, down 36.6% from the previous period. This brought total MBS issuance for 2022 to just $1.179 trillion, a 55.2% drop from a year ago.