Securitization Rates Remain at Historically High Levels Through Midway Point in 2006
September 8, 2006
Securitization remained the dominant form of financing new residential mortgage production through the first half of 2006, accounting for over two-thirds of the funding for the period’s unexpectedly strong production levels. According to a new analysis by Inside MBS & ABS, 67.4 percent of new mortgage loans originated in the primary market during the first six months of the year were packaged in mortgage-backed securities. That’s a sharp decline from the record securitization rate of 70.5 percent set during...[One full-page data chart included.]