Non-Mortgage ABS Volume Slows in 3Q09, But Rebound Appears to Have Taken Root
October 23, 2009
The non-mortgage ABS market generated $48.57 billion in new issuance during the third quarter of 2009, a modest downturn from the previous period but a level that suggests the market has largely recovered from dire levels reached at the end of last year. New ABS issuance dropped 3.3 percent from the second to the third quarters and, after nine months of the... [Includes three charts]