Avatar Posted by Mortgages 66 days ago (http://www.mortgagedaily.com)
Category: Mortgages
From January through June, the volume of U.S. MBS issued was $117 billion, according the Thomson Reuters Debt Capital Markets Review for the second quarter of 2008. MBS issuance fell from $622 billion during the same period last year. "US securitizations continued to spiral downward as the effects of the subprime mortgage crisis continued to linger," the authors wrote.
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