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» ARM Securitization Volume Booms in 2002, Paced by Surging Non-Agency MBS Markets
ARM Securitization Volume Booms in 2002, Paced by Surging Non-Agency MBS Markets
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Securitization of adjustable rate mortgages shattered previous records in nearly every sector during 2002, as U.S. consumers embraced hybrid products in a booming refinance and home-purchase market, according to a new analysis by Inside MBS & ABS.