Quote Originally Posted by mcaguru View Post
Is IOU stacking now ? Our dozen+ Pre-underwriters/Scrubbers keep a list of evrey time we see an A paper house taking a 2nd and recently its been growing...
IOU has been providing 2nd positions for as long as I have worked with them. There is a difference between a 12 month 1.24-1.30 2nd to a 3 month 1.46 however.