Mortgage Securities Market Declines Again in 2010 As Issuance Slows, GSEs Buy Out Troubled Loans
June 18, 2010
The slowdown in new production of agency MBS and ongoing leakage from distressed mortgages led to another decline in the supply of mortgage-backed securities during early 2010. A total of $6.851 trillion of single-family MBS were outstanding as of the end of March, according to a new analysis by Inside MBS & ABS. That was down 1.7 percent from the... [Includes one chart]