Mortgage Securitization Rates Climb to Record High in Distressed 2008 Market
March 27, 2009
As battered as the mortgage securities market was in 2008, it accounted for a record 79.3 percent of new home loan originations in the U.S., according to a new analysis by Inside MBS & ABS. Of the $1.485 trillion in new single-family mortgages originated last year, $1.177 trillion were packaged in mortgage securities and sold to investors around... [Includes one chart]