Mortgage-Backed Securities Issuance Drops to 23-Year-Low

MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.

Estimated reading time: 0 minutes, 18 seconds

Thursday, May 04 2023

Written by The Mortgage Leader

In the first four months of 2023, global mortgage-backed securities issuance fell to its lowest level in 23 years. So reports Reuters.

Data from Refinitiv showed $100 billion in global MBS issuance from January to April, a post-2000 low.

Analysts said that the drop in MBS issuance could choke off financing for home buyers and property developers.

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