The re-securitization of existing non-agency MBS is playing an even bigger role in the market in 2010 than it has over the past few years, according to a new analysis by Inside MBS &ABS. A total of $24.62 billion of non-agency MBS were issued during the first half of the year, down 22.8 percent from the depressed levels of the same period in 2009... [Includes two charts]