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Home » Store » News » Agency MBS Issuance Plummets in February as Refinance Retreat Saps Mortgage Originations

Agency MBS Issuance Plummets in February as Refinance Retreat Saps Mortgage Originations

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New production of agency MBS fell sharply in February, sinking to its lowest level since the refinance rally of the second half of 2010 began to gather steam last summer. A total of $108.3 billion of agency MBS were issued last month, down 20.5 percent from January’s production volume, according to a new ranking and analysis by Inside MBS & ABS. That was...[Includes one data chart]
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