Expanded-Credit MBS Issuance Off by Almost 20%

Inside Mortgage Finance, Oct. 31, 2022–Brandon Ivey
Issuers came to market with $9.9 billion of securities backed by expanded-credit mortgages in the third quarter, a sequential decline of 19.6%, according to a new analysis from Inside Nonconforming Markets. But at the originator level, results were hardly uniform.