Banks Continued Building Portfolios of Non-Mortgage ABS in Declining Market
February 28, 2013
Commercial banks and savings institutions boosted their holdings of non-mortgage ABS to a record $164.5 billion as of the end of 2012, according to a new Inside MBS & ABS ranking and analysis based on call report data. That was up 3.1 percent in just three months and represented a 19.1 percent jump from the fourth quarter of 2011 although some of that year-long gain reflected the fact that thrifts did not begin filling out call reports until last year. Its still a significant increase...[Includes one data chart]