MBS Issuance Catches Up With Mortgage Surge, Pushing Securitization Rate to New Record
November 24, 2009
A record 88.5 percent of the home mortgages originated during the first nine months of 2009 were ultimately financed through securitization, according to a new Inside MBS & ABS analysis. With significant changes in accounting now coming into play and Congress straining to change the underlying economics of the process, the U.S. housing market has never relied... [Includes one chart]