Mortgage Market Shrinks a Little More; Securitized Sector Keeps Growing
December 18, 2009
Although the supply of home-mortgage debt in the U.S. has continued to decline for the past year and a half, the mortgage-securities market continues to expand. A total of $6.978 trillion of securities backed by single-family mortgages were outstanding at the end of the third quarter, according to a new Inside MBS & ABS analysis. That was up 0.7 percent from the end... [Includes one chart]