Non-Mortgage ABS Market Gets Solid Start In Early 2010 as Issuance Shifts From Cards
April 23, 2010
The non-mortgage ABS market posted a solid 5.4 percent increase in new issuance during the first quarter of 2010, although it remained well below the levels set in the middle of last year. A total of $27.99 billion of non-mortgage ABS were issued during the first three months of this year, with significant gains in the auto loans and student financing that offset... [Includes three charts]