In an apparent vote of confidence in the mortgage-backed securities market, Donaldson, Lufkin & Jenrette Inc. last week hired six senior staff members for its mortgage trading and mortgage capital areas.

Eileen Fahey, group vice president for Duff & Phelps Credit Rating, said DLJ has been strong in mortgage-backed securities over the years, but fell to eighth in market share last year, from fifth in 1998.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.