Agency MBS Issuance Drops Sharply in July But Ginnie Pushes to New Monthly Record
August 7, 2009
Agency MBS production cooled off significantly in July, as the end-of-quarter rush of new securitization tapered off, according to a new analysis and ranking by Inside MBS & ABS. A total of $166.09 billion of new agency MBS were issued during July, down 29 percent from June’s record monthly volume of $235.02 billion. Even with the decline, July was still the... [Includes one chart and one graph]