Is it common for the Federal Government to do this many loans?

[Daniel Miller]

I was scanning a blog I found here on BP when I noticed the following statement.

Total private-market securitization this year: about $13 billion, roughly one week of GSE-based production. The big housing question in 2014: will Mel Watt begin to reverse DeMarco's damage?

Read more at http://www.calculatedriskblog.com/#T8S7psY3tiT2LT5f.99

Is this really true? If it is, it blows me away! I would have never guessed the mortgage market was subsidized so heavily. I find this kind of disturbing and I am curious if this corresponds with the current residential housing market recovery???