Slowing Housing Market Yields Anemic Growth In Outstanding Mortgage Securities in 2008
December 18, 2008
The rate of growth in the supply of single-family MBS outstanding slowed to its lowest level ever during the third quarter of 2008 as the total balance of mortgage securities rose by just $11.2 billion, a new Inside MBS & ABS analysis reveals. The growth rate in outstanding MBS fell from 0.4 percent in the second quarter to an anemic 0.2 percent... [Includes one chart]