Coming Off Banner Year, Agency MBS Market Faces Major Changes in 2010
January 15, 2010
The agency MBS market – the only game of any consequence in mortgage securitization over the past two years – will need to tap extensive new investor demand in 2010 at the same time national policymakers begin to plot a different approach to securing credit for the U.S. housing market. Early indicators suggest that the Federal Reserve is sticking... [Includes two charts]