GSEs, GNMA Are Still Only Game in Town

``the way things stand right now--and for the foreseeable future--Fannie Mae, Freddie Mac and the Government National Mortgage Association continue to provide most of the liquidity for nearly every single loan originated today. According to figures compiled by National Mortgage News and the Quarterly Data Report, Fannie continued its dominance of the secondary market in the first quarter, buying 54% of newly originated loans. Freddie Mac was a distant second (30% market share) with the Government National Mortgage Association, representing the balance (24%).''