Portfolio Lending Regained Some Ground in 2008, But Securitization Still Funds the Market
June 26, 2008
Despite the complete collapse of the non-agency mortgage securities market, the overwhelming majority of new home loans are still being financed through the MBS market, according to a new analysis by Inside Mortgage Finance. In the first quarter of 2008, 72.0 percent of new mortgage originations were pooled in new mortgage securities, off just slightly from a 73.8 percent... [Includes one chart]