Agency MBS Issuance Slumped in November, But Refi Could Carry 2008 to Stronger Finish
December 12, 2008
Mortgage-backed securities issuance by the three federal “agencies” slowed by 9 percent from October to November, according to a new Inside MBS & ABS ranking and analysis, but there’s a whiff of a refinance rebound in the making. A total of $65.42 billion of new MBS were issued by Ginnie Mae, Fannie Mae and Freddie Mac during November. With the... [Includes one chart and one graph]