‘Private Label MBS’ Issuance Reaches Another Record As Alt A Market Booms
November 11, 2005
The so-called private-label MBS market hit a record $175.96 billion in new issuance during the third quarter of 2005, and is now heavily dominated by the securitization of Alternative A mortgages. A new ranking and analysis by Inside MBS & ABS shows total production of prime non-agency MBS – including prime jumbo MBS and Alt A deals – jumped by...[Two data tables included]