The Non-Mortgage Asset-Backed Security Market

Non-Mortgage ABS Issuers and Underwriters by Deal Type

Charts listing the top 5 issuers and underwriters of credit card, vehicle finance and student loan ABS by year. Volume and market share for each issuer and underwriter are provided.

2011 Data

2010 Data

2009 Data

2008 Data

2007 Data

2006 Data

2005 Data

Poll

Are current mortgage underwriting standards too tough?

Yes, they don’t reflect current market conditions and need to be adjusted to allow borrowers with below 700 FICO scores and smaller downpayments to qualify for mortgages.
Yes, and something needs to be done to significantly reduce repurchase or buyback risk so that lenders don’t apply even tougher underwriting overlays.
No, the standards are appropriate given current risks and the major default problems the mortgage market has experienced over the past several years.

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