Agency REMIC Production Gains Momentum In 3Q09; Goldman Leads in Underwriting
October 2, 2009
Issuance of real estate mortgage investment conduits backed by agency MBS picked up smartly in the third quarter, with $91.28 billion in total issuance for the period. That was up 29 percent from the second quarter at a time when overall agency MBS issuance was dropping by 23 percent. During the three months ending in September, agency REMIC production equaled... [Includes two charts]