Agency CMO/REMIC Issuance Up Sharply In 2nd Quarter; Goldman Sachs Takes Lead
July 2, 2009
Tracking the sharp increase in production of agency pass-throughs, issuance of structured mortgage securities backed by Fannie Mae, Freddie Mac and Ginnie Mae MBS rose significantly during the second quarter of this year. A total of $70.69 billion of agency real estate mortgage investment conduits were issued during the second quarter, up 132 percent... [Includes one chart]