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» Mortgage Bankers Show New Interest in Quarter-Coupon MBS: Will Investors See the Light?
Mortgage Bankers Show New Interest in Quarter-Coupon MBS: Will Investors See the Light?
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Fannie Mae and Freddie Mac have allowed mortgage companies to package their loans in MBS of varying coupons, but virtually all agency pass-through issuance over the years carried coupons that end in either .0 or .5 percentage points.