MBS Supply Expands in 2Q09 as Securitization Takes a Bigger Share of the Mortgage Market
September 18, 2009
The overall home mortgage market declined again in the second quarter of 2009, but a surge in agency MBS issuance more than offset the continued evaporation of the non-agency MBS sector. A total of $6.928 trillion of residential MBS were outstanding in the market at the end of June, according to a new Inside MBS & ABS analysis. That was up... [Includes one chart]