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Home » Store » Mortgage Securitization Rates » Non-Mortgage Consumer Credits Holding Up

Non-Mortgage Consumer Credits Holding Up

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The problems of high defaults and softening asset prices that have afflicted the housing market have so far not affected other consumer credit products, according to experts at the American Securitization Forum’s annual meeting in Washington, DC, this week. “The market conditions are actually quite good,” said Mary Kane, head of global securitized products research at Citi Global Markets. “We’re pricing a lot of auto asset-backed securities, and a lot of the autos that are produced in this country are being financed in this market. It’s extremely critical that we’re able to ...
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