Credit Cards and Student Loans Look Promising as Non-Mortgage ABS Market Gets Off to Steady Start
April 21, 2006
The ABS market in non-mortgage collateral got off to a fairly typical start in the first quarter of 2006, with volume dropping significantly from the heavy end-of-year issuance of the fourth quarter, according to a new Inside MBS & ABS ranking and analysis. A total of $59.71 billion of non-mortgage ABS were issued in the first three months of the year, a 14 percent increase from year-ago volume that made early 2006 one of the… [Three data tables included]