With the housing market in good health, unaffected by the slowdown in the economy, cash-out refinancing activity is expected to remain strong.

According to Freddie Mac, 50% of the refinancings that occurred in the first quarter of this year were five percent higher than the original mortgages. This represents the amount of cash-out refis recorded by the Agency that happened during the quarter.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.