Agency MBS Production Slows in May as Market Falls Further Behind Issuance Pace Set in 2009
June 4, 2010
Neither low mortgage rates nor a seasonal pick-up in housing sales could spur securitization volume in May as total agency MBS issuance slipped 2.2 percent below the prior month’s level, according to a new market analysis and ranking by Inside MBS & ABS. A total of $92.37 billion of agency MBS were issued in May... [Includes one chart and one graph]