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Countrywide highlights potential for increased issuance in FNMA 5s

In a report released last week, Countrywide Securities discussed the potential for increased originator issuance in 5s. Analysts noted that in April, 30-year 5% coupon production surged, and was "noteworthy in its absolute size and the large proportion of 30-year conventional production it comprised," said analysts. The jump in...

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