Non-Mortgage ABS Production Slips in 2Q10, Running at Half the Rate Set in Mid 2009
July 16, 2010
Despite a rebound in the securitization of student loans and credit card receivables, the non-mortgage ABS market slowed during the second quarter of 2010, generating the lowest three-month volume in over a year. A total of $25.09 billion of non-mortgage ABS were issued during the second quarter, down 11.7 percent from the first three months of the year... [Includes three charts and one graph]