1Q07 Downturn in Subprime MBS Production Means Fewer Non-Agency Securities have Financial Derivatives Support
May 25, 2007
Fewer non-agency MBS issued in early 2007 included support for interest rate caps, swaps and other financial derivatives, according to a new Inside MBS & ABS analysis. About $143.90 billion of non-agency classes issued in the... [Includes one chart]