The Tea Leaves: April MBS Issuance Continues the Downward Trend

Inside Mortgage Finance, May 6, 2022–John Bancroft (subscription)
April MBS issuance volume, which reflects originations, was the lowest monthly output since March 2020, just before the Fed launched a historic surge in refi activity.
https://www.insidemortgagefinance.com/articles/224534-the-tea-leaves-april-mbs-issuance-continues-the-downward-trend?