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Jumbo Activity Stabilizes

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02-06-2008, 01:18 PM

Veronica Corningstone Veronica Corningstone is offline

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Jumbo Activity Stabilizes

Securitizations of jumbo loans were $35.0 billion during the third quarter, Standard & Poor's Ratings Services reported. Voume edged down slightly from the second quarter. The modest decrease in the issuance of jumbo residential-backed mortgage securities followed a 26 percent second quarter drop from the first quarter, S&P said.

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