Mortgage Market Share
by Tom on October 26, 2009
in Market Musings, Mortgage Rate Updates
Let’s look at a couple of data points from this chart (thanks to Calculated Risk for it):
- In 2006 (the peak of the market,) Fannie, Freddie and Ginnie (VA, FHA etc.) were approximately 50% of the market.
- In 2009, the three of them account for 90% of the market.
Is anyone concerned about the government controlling 90% of the mortgage market?
Or maybe I should rephrase the question – is anyone ELSE concerned about the government controlling 90% of the mortgage market?
Tom Vanderwell
Technorati Tags: Mortgage Market, Fannie Mae, Freddie Mac
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