All Cylinders Misfire in Final Months of 2007 As New Non-Agency MBS Production Stalls
January 10, 2008
After running on fumes since the middle of the year, the non-agency MBS market sputtered to a six-year low in the fourth quarter as nearly all sectors of the business slowed down substantially.A total of $52.50 billion of non-agency... [Includes two charts]