Countrywide Financial ranked as the top securitizer of second mortgages through the midway point in 2006, funneling $12.27 billion of these loans into the non-agency MBS market, according to a new ranking and analysis by Inside MBS & ABS. Most of Countrywide’s second mortgage volume was in prime home-equity lines of credit: the company issued $9.00 billion of these deals – nearly two thirds of total HELOC securitization volume in the first six months of the year. Countrywide was also...[Includes chart]