Prime Non-Agency Mortgage Securitization Edged Higher in 2Q02, WaMu Tops in Issuer Ranking
September 13, 2002
New production of prime-grade non-agency MBSs – jumbo and Alt A deals – climbed 5.0 percent from the first quarter to the second, according to a new Inside MBS & ABS analysis. Total issuance of prime non-agency MBS rose from $46.16 billion to $48.51 billion, bringing year-to-date production to $94.67 billion. That’s well ahead of the pace set last year, when total