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» Alternative A Market Surges in Second Quarter;2002 Issuance on Track for New Annual Record
Alternative A Market Surges in Second Quarter;2002 Issuance on Track for New Annual Record
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Issuance of new securities backed by “Alternative A” mortgages jumped to a record $16.84 billion in the second quarter of this year, putting the market on track for a new volume record in 2002 as more products gain acceptance in the primary market.