3Q07 Market Disruption Hits Non-Mortgage Asset Securitization; Sallie Still Top Issuer
October 18, 2007
Turmoil in global financial markets slowed production of new non-mortgage asset securitizations during the third quarter, with the biggest downturn coming in vehicle-financing deals, according to a new Inside MBS & ABS ranking and analysis... [Includes four charts]
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
The 10-year Treasury rate is declining and the possibility of a recession is growing.
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