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Home » Store » Other Non-Mortgage Regulation » Despite Some Rebound in Credit Cards and Student Loans, ABS Issuance Was Flat in 2016

Despite Some Rebound in Credit Cards and Student Loans, ABS Issuance Was Flat in 2016

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Other Non-Mortgage Regulation

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A soft fourth quarter resulted in a modest uptick in non-mortgage ABS in 2016, according to a new Inside MBS & ABS ranking and analysis. A few sectors posted solid gains, however. The market produced $174.71 billion of new ABS last year, up just 0.6 percent from the total for 2015. New issuance turned decidedly soft in the fourth quarter with only $34.24 billion in volume. That was down 36.7 percent from the previous period and represented the second-lowest quarterly output since the third quarter of 2012. All the major components of the ABS market saw...[Includes two data tables]
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