Market Size and Liquidity
As of the second quarter 2011 there is about $13.7 trillion in total U.S. mortgage debt outstanding. There are about $8.5 trillion in total U.S. mortgage-related securities. About $7 trillion of that is securitized or guaranteed by government sponsored enterprises (GSEs) or government agencies, the remaining $1.5 trillion pooled by private mortgage conduits.
According to the Bond Market Association, gross U.S. issuance of agency MBS was:
- 2005: USD 0.967 trillion
- 2004: USD 1.019 trillion
- 2003: USD 2.131 trillion
- 2002: USD 1.444 trillion
- 2001: USD 1.093 trillion
Read more about this topic: Mortgage-backed Security
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