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]
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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