Non-Mortgage ABS Issuance Rebounds in Second Quarter, Still Lags Pace Set in 2005
July 21, 2006
A surge of student loan securitizations and ABS backed by credit provided to car dealers helped fuel a solid 21.4 percent increase in total non-mortgage ABS issuance during the second quarter, according to a new ranking and analysis by Inside MBS & ABS. Even with the second quarter rebound in new deals, issuance through the first six months of 2006 still lags the volume of new non-mortgage ABS produced in the first half of last… [Three data tables included]