Tuesday, November 4, 2008

MBS Issuance

B&C Lending via Infectious Greed:

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.

It looks like issuance of Prime non-agency MBS dried up as well.

Source: SIFMA

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