A survey of major private-label issuers indicates that they expect the volume of new jumbo residential mortgage-backed securities to fall 10%-20% this year from last year's record high, Moody's Investors Service has reported.The rating agency projects that private-label securitizations will decline less than the overall mortgage market, which it estimates will decrease by 15%-25%. Moody's said $228 billion in jumbo RMBS were originated in 2002. Moody's can be found online at http://www.moodys.com.
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