Share of Portfolio Lending Hits New Low in 2007

Lenders securitized a record share of their originations in 2007, according to a new analysis of data in the Inside Mortgage Finance MBS Database. Portfolio lending accounted for 25.9 percent of the $2.43 trillion in total mortgage production last year, the lowest share on record. The government-sponsored enterprises increased their share of mortgage origination funding in 2007, accounting for 43.7 percent of production, up from 27.6 percent the previous year.