Agency MBS Issuance To Plunge $500 Bln
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Agency MBS Issuance To Plunge $500 Bln

Rising interest rates and the end of a surge in refinancing activity could slash issuance of agency mortgage-backed securities by 30%, or $500 billion, according to Bank of America Merrill Lynch forecasts.

Rising interest rates and the end of a surge in refinancing activity could slash issuance of agency mortgage-backed securities by 30%, or $500 billion, according to Bank of America Merrill Lynch forecasts.

Click here to read the story from National Mortgage News.

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