Major MRS Investor Groups Had Trouble Keeping Up with Market Growth in 2003
March 26, 2004
Buffeted by record-high payoffs and intense competition for new product, most major mortgage-related security investor groups had a tough time keeping up with market growth in 2003, a new Inside MBS & ABS analysis reveals. Very few investor groups were able to keep up with the blistering 11.3 percent rise in mortgage-related securities, or MRSs, outstanding last year, when volume climbed to