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» Agency-Backed CMO Issuance Surges in 2nd Quarter; Freddie Takes the Lead
Agency-Backed CMO Issuance Surges in 2nd Quarter; Freddie Takes the Lead
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New production of CMOs and REMICs backed by agency pass-through securities soared in the second quarter of 2004, with issuance climbing 41.2 percent from the previous period to $103.5 billion, according to a new analysis by Inside MBS & ABS.