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Behind The Markets Podcast: Don Kohn & Dave Goodson

Behind the Markets Podcast

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What's the Value in the Mortgage Market?

How do you think about the value in the mortgage market, where is is to day? We see spread levels that are reflective of scenarios thatwe see maybe half a % of the time. The non agency arn bast market has two subsectors in particular, l ist named briefly. Credit risk transfer oas been extremely distorted. And we'd see that cash flow there is under appreciated and probably overly discounted.

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