The Federal National Mortgage Association has extended this year's record growth pace, with its mortgage portfolio and mortgage-backed securities issuance reaching all-time highs in May.

Fannie Mae issued a record $19 billion of mortgage securities last month, up from a record $17.9 billion in April. And the company's net portfolio of mortgages grew $1.1 billion, to a record $138.5 billion.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.