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» ARM Surge Continues to Gain Momentum in Early 2004, Led by Non-Agency Sector
ARM Surge Continues to Gain Momentum in Early 2004, Led by Non-Agency Sector
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Adjustable-rate mortgages continued to become more prominent in the mortgage securities market during the first quarter and accounted for a record 30 percent of total MBS issuance, according to a new analysis and ranking by Inside MBS & ABS.