Ginnie Mae's market share for MBS issuance is on a rapid decline and Fannie Mae and Freddie Mac have a lot to do with it, sources said.

According to a recent Lehman Brothers report, year-to-date 30-year GN issuance is only 21% of the 30-year MBS issuance figures. It is, said the report, at an all-time low.

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.