Subprime MBS Issuance Held Strong in 2006 But Problems Getting Worse for Top Issuers
March 23, 2007
While subprime mortgage-backed securities issuance fell a modest 4.9 percent in 2006, the widespread upheaval among subprime lenders suggests a much steeper decline this year. About 26 percent of the subprime MBS issued last year came... [Includes three charts and one graph]