Vehicle Finance, Credit Cards Continue to Lead Non-Mortgage ABS Market in 2002
August 2, 2002
A wide range of vehicle financing remains the most dominant source of collateral in the non-mortgage asset-backed securities market through the midway point of 2002, according to a new analysis by Inside MBS & ABS. Vehicle financing – including cars, trucks, motorcycles and dealer floorplan inventory loans – accounted for 44.3 percent of the $109.84 billion in non-mortgage ABSs issued through the first