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Home » Store » Payday Lending » Surge in Business-Finance Sector Boosts Non-Mortgage ABS Issuance in 2Q17

Surge in Business-Finance Sector Boosts Non-Mortgage ABS Issuance in 2Q17

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A sharp increase in business-finance ABS issuance offset declines in other sectors to lift overall ABS production during the second quarter of 2017, according to a new Inside MBS & ABS analysis and ranking. The market produced $59.31 billion of new non-mortgage ABS during the second quarter, an 11.1 percent increase over the first three months of the year. That brought year-to-date issuance up to $112.68 billion, a 30.4 percent gain over the first six months of 2016. The star performer was...[Includes two data tables]
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