Outstanding Supply of Mortgage Securities Can’t Keep Pace With Growth in Mortgage Debt in ‘04
June 11, 2004
The mortgage securities market grew to an estimated $4.25 trillion as of the end of the first quarter, a gain of just 1.1 percent from the previous period. That was less than half the growth rate in the overall single-family mortgage supply, however, as more loans found their way into investment portfolios at commercial banks, thrifts, real estate investment trusts