Securitization Activity Strengthened in Late 2010 as Mortgage Refinance Volume Surged
January 7, 2011
New production of mortgage- and asset-backed securities failed to reach the $2 trillion mark for the third year in a row in 2010, falling 19 percent below the volume of new deals generated in 2009, according to a new Inside MBS & ABS analysis. Activity did pick up in the fourth quarter, when a total of $494.5 billion of new MBS and ABS were issued. That represented...[Includes two data charts]