0 minute readU.S. mortgage-backed securities issuance totaled $922.1 billion in 2007, down from $1.052 trillion a year ago, Thomson Financial said on Monday. Lehman Brothers was the top underwriter of U.S. mortgage-backed securities for 2007, maintaining its year-ago status, the financial data firm said. Lehman Brothers underwrote 111 issues of mortgage-backed bonds, totaling $95.8 billion, a 10.4 percent market share.
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
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Paul Jackson is the former publisher and CEO at HousingWire.see full bio