B&C Lending via Infectious Greed:
It looks like issuance of Prime non-agency MBS dried up as well.There was no issuance of subprime, Alt A or “other” non-prime mortgage backed securities in the third quarter of 2008, the first blank quarter since the creation of the non-prime MBS market, according to the Inside Mortgage Finance MBS Database.
Source: SIFMA
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