Jumbo MBS Issuance Expected to Resume In Early 2014, But Outlook Remains Muted
December 20, 2013
While the jumbo MBS market has all but ground to a halt in recent months, industry analysts expect that issuance will resume at some point early next year, but the 2014 forecast is dicey. Some $12.23 billion in jumbo MBS was issued through three quarters in 2013. The market hasnt seen much activity in the final months of the year due to a lack of demand from investors and continued appetite from bank portfolios. A number of industry analysts expect...