GSE Market Profile: First Half 2010
Fannie Mae and Freddie Mac continued to play dominant roles in the U.S. mortgage finance market in the first half of 2010, well into their second year in government conservatorship, with no exit strategy in sight. Even with volume down from year-ago levels, Fannie and Freddie generated a hefty $397.1 billion in single-family mortgage securities during the first half of 2010. That represented about 64 percent of all mortgage-backed securities issued in that period.
California remains the biggest source of Fannie and Freddie mortgages despite the states exposure to the meltdown in the housing market. In fact, the Golden States 22 percent share of total GSE business in the first half of 2010 was up from a 19 percent share for all of last year.
This special report, GSE Market Profile: First Half 2010, contains the latest GSE data and trends to help you stay competitive and see where opportunities lie in your market coverage. Find out who are the top 50 GSE lenders by state and volume. Data are from January through June 2010.
In this comprehensive report youll find statistics and analysis of the top 50 GSE lenders with the following breakdowns for each state:
- Overall GSE Sales
- Fannie Mae Sales
- Freddie Mac Sales
- Fixed-Rate Mortgage Sales
- Adjustable-Rate Mortgage Sales
- Comparisons of First Half 2010 to Second Half 2009, Both at State and Lender Level
- More Than 80 Pages of Data
The lender analysis pages (top 25 lenders) list production by state with sales figures for Fannie and Freddie separately. The report also provides data for Puerto Rico, DC, Guam, and the U.S. Virgin Islands, and other details on Fannie and Freddie individually.
See how much business the top 25 lenders do in each state broken out by Fannie and Freddie business:
- Bank of America
- Wells Fargo
- Chase Home Finance
- CitiMortgage
- SunTrust Mortgage
- PNC Mortgage
- Fifth Third Bank
- Everbank
- Sovereign Bank
- ...and more.
This study is based on the Inside Mortgage Finance MBS Database, a compilation of daily pool reports by both GSEs. REMICs, Fannie Mae Majors and Freddie Mac Giants are not included in the data, nor are pools backed by multifamily or government-insured loans.
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