Prime Non-Agency MBS Market Booms to Record $103 Billion in 2nd Quarter
July 30, 2004
The prime non-agency MBS market soared to a record $102.58 billion in new issuance during the second quarter of 2004, paced by record volume levels in both jumbo and Alt A production. A new ranking and analysis by Inside MBS & ABS shows that issuance in the prime non-agency MBS market – also known as private-label MBS in some quarters – increased