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» Jumbo Securitization Climbs 12 Percent in 2Q03, Paced by Non-Prime Products
Jumbo Securitization Climbs 12 Percent in 2Q03, Paced by Non-Prime Products
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Low mortgage interest rates and a frenzy of refinance activity helped push the securitization market for jumbo home loans – those too big to fit in Fannie Mae and Freddie Mac programs – during the second quarter of 2003.