Thursday, June 7, 2007

U.S. mortgage bond prepayments increase in May

(Reuters) - Overall fixed-rate agency prepayment speeds rose by 5
percent in May, with the paydowns increasing to $42 billion
from $40 billion, according to JPMorgan.




Net fixed-rate, mortgage-backed securities issuance was
about $32 billion, the company said in a research report.


Read more at Reuters.com Bonds News

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