Fannie Mae and Freddie Mac had a combined "loans-purchased" market share of 65.21% in the first half, buying $687 billion in mortgages from their seller/servicers, according to figures compiled by National Mortgage News. For all of 2007, the two government-sponsored enterprises had a purchased market share of 49.96%. The market share figure is calculated by taking all their mortgage loan purchases and dividing the figure by total residential originations. In 2005, at the height of the subprime boom, the GSEs had a loans-purchased market share of just 36.25%, according to NMN and the new Mortgage Industry Directory. For more analysis and details, see the Aug. 11 issue of NMN.
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