Mild Gain in June Leaves New MBS & ABS Issuance Subdued in Second Quarter of 2010
July 2, 2010
New issuance in the MBS and ABS markets weakened further in the second quarter despite historically low interest rates and scattered signs of improving economic conditions. A total of $317.84 billion of new mortgage- and asset-backed securities were issued during the second quarter of 2010, according to a new market analysis by Inside MBS & ABS... [Includes two charts]