Car Companies Lead Non-Mortgage ABS Market to Record $243 Billion in 2002
January 17, 2003
Record low interest rates meant a lot more to the booming MBS market than they did to the non-mortgage ABS world, as annual production last year was up only 4 percent from 2001. The driving force in the non-mortgage ABS market continued to be vehicle financing, according to an Inside MBS & ABS year-end ranking and analysis. The top two issuers were Ford