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» Insurance Drought Blamed for Sluggish Start to Commercial MBS Issuance in Early 2002
Insurance Drought Blamed for Sluggish Start to Commercial MBS Issuance in Early 2002
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New production of commercial mortgage-backed securities is off to a lackluster start in the first few months of 2002, reflecting a broader slowdown in the U.S. economy and insurance problems stemming from the Sept. 11 terrorist attacks.