It appears that Fannie Mae and Freddie Mac are starting to see their market shares erode. The same might be said of Ginnie Mae.According to figures compiled by ASR sister publication National Mortgage News, the three mortgage guarantors accounted for 84.54% of originations in the third quarter, compared to 91.75% in 2Q.

The shares are calculated by taking the loan acquisitions of Fannie/Freddie – and GNMA MBS issuance – and dividing them by industry-wide loan originations in a given quarter.

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