Securitization Rates Keep Climbing in First Half of 2009 As Non-Conforming Mortgage Sector Remains Dormant
August 21, 2009
The securitization process has taken a lot of criticism since the subprime implosion began two years ago, but it’s virtually the only thing keeping the U.S. mortgage market alive. A whopping 81.8 percent of new mortgages originated in the first half of 2009 were financed through securitization, according to a new Inside MBS & ABS analysis... [Includes one chart]