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Residential Funding Corp., Minneapolis, has reported a record $25.3 billion issuance of mortgage- and asset-backed securities in the first half of this year.
GMAC-RFC said the total included $6.2 billion in residential subprime securities; $6 billion in jumbo A-quality loan securities; $4.6 billion of alternative-A securities; $1.7 billion in securities backed by second-lien products, such...