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Home » News » Non-Agency MBS Issuance Weakened in 3Q17 Despite an Upswing in Prime Jumbo Issuance
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Non-Agency MBS Issuance Weakened in 3Q17 Despite an Upswing in Prime Jumbo Issuance

October 12, 2017
A slowdown in new scratch-and-dent deals proved to be a drag on non-agency MBS issuance during the third quarter, according to a new analysis and ranking by Inside MBS & ABS. Total non-agency MBS production fell to $10.99 billion in the third quarter of 2017, a 29.9 percent decline from the previous period. It was the slowest quarter of 2017, although year-to-date production was still up 14.1 percent from the first nine months of 2016. The major factor was ... [Includes two data charts]
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