In a Oppenheimer report today from M Whitney -
Quarterly Avg Securitization Volume ($)
1991-1995 -- 9,796 MM
1996-2000 -- 59,681MM
2001-2004 -- 174,408MM
2005-2007 -- 208,283MM
4Q07 -- 43,027MM
1Q08 -- 50,396MM
2Q08 -- 60,735MM
"Securitizations have financed over 6 times the amount of mortgages as did traditional bank lending since 2000."