Credit Unions Boost MBS Holdings In 2002, PA Institution Top Holder
April 18, 2003
Credit unions are hardly a force to be reckoned with in the mortgage-backed securities market, but the industry joined a number of other investors in eagerly increasing its MBS stake during last year’s production boom. According to new regulatory data analyzed by Inside MBS & ABS, the nation’s credit unions held a combined $25.25 billion in MBSs at the end of last year. That