1. Agency vs.
Agency vs. Non-Agency MBS Issuance SharesNotes: Agency includes MBS issued or guaranteed by Ginnie Mae, Fannie Mae, or Freddie Mac and excludes CMOs. Private-label MBS includes transactions backed by prime, alt-A, sub-prime, and manufactured housing loans, and excludes resecuritizations, credit risk transfer deals, and single-family rental securitizations issuance through August.Sources: SIFMA; 2007 Mortgage Market Statistical Annual (for private-label before 1996).
Mark Adelson JSF doi: /jsf
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