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» Private Mortgage Conduit Issuance Slows in Early 2004, But Production Levels Remain Very High
Private Mortgage Conduit Issuance Slows in Early 2004, But Production Levels Remain Very High
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Private mortgage conduits experienced a remarkable surge in new production during the long mortgage originations boom of 2002-2003, and though issuance was off slightly in 2004, the business still is running at near peak levels.