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» Private Conduit Activity Tanked in Late 2007; Markets Went Nearly Dark in December
Private Conduit Activity Tanked in Late 2007; Markets Went Nearly Dark in December
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It’s no surprise that private mortgage conduit activity slowed down even more in the fourth quarter of 2007, but the unusually low level of new production in December suggests that the sector may be moribund for a while... [Includes two charts]