Non-Agency MBS Production Volume Grows In February, Non-Mortgage Deals Slow
March 7, 2003
Neither a shorter calendar, a bank holiday nor a handful of blizzards could keep the non-agency MBS market from posting a significant increase in volume in February. Some $43.5 billion of new non-agency MBS were issued last month, up from $36.8 billion in January and within sight of December’s huge $45.4 billion outpouring. The fastest growing component of the non-agency MBS market were jumbo deals,