Bayview Asset Management and Flagstar Bank are the latest non-agency MBS issuers to stock deals with investment-property mortgages that could have been sold to Fannie and Freddie...
Things aren’t back to pre-crisis levels by any means. In 2006, quarterly non-agency MBS issuance averaged over $285 billion every three months. It will take a miracle to reach that level for all of 2021.
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