Synthetics Seen as Potentially Major New Asset Class for ABS Market in the Years Ahead
October 29, 2004
Change has been the watchword in the asset-backed securities market this year, as several new asset classes have emerged. But while home-equity and auto loans are expected to remain market staples for the foreseeable future, 2004 has seen the start of several trends that could alter the face of the market over the long term.