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Home » Store » News » Credit Unions Discovered MBS Markets in 2002, Nearly Doubling Total Investment in Single Year

Credit Unions Discovered MBS Markets in 2002, Nearly Doubling Total Investment in Single Year

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Credit unions aggressively increased their stake in the mortgage-securities market last year, as total industry holdings jumped 85.3 percent during the course of 2001, according to data provided by the National Credit Union Administration. Last year’s surge in credit union MBS purchases brought the industry’s combined holdings to $19.34 billion, still a very small piece of the total market. And 2001
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