Bank ABS Holdings Edge Up to Record $166 Billion In Second Quarter, TD Bank Closes in on State Street
September 20, 2013
Commercial banks and savings institutions held $165.8 billion of non-mortgage ABS in their portfolios as of the end of June, according to a new Inside MBS & ABS analysis of call report data. Second-quarter ABS holdings were up just 1.3 percent from the end of March, but it was enough of a gain to establish a new record for the industry. Compared to a year ago, bank and thrift ABS holdings were up 4.6 percent. The aggregate portfolio was...[Includes one data chart]