Subprime Securitization Market Remains Red-Hot Through 2002’s Midway Mark
September 13, 2002
Strong demand for debt consolidation products kept the subprime securitization market sizzling through the first six months of 2002, a new Inside MBS &ABS analysis of the top issuers and underwriters reveals. Overall, $59.98 billion in new securities backed by subprime loans were issued during the first six months of this year, an increase of 82.2 percent over the same period last year. Some 40 percent