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Home » Store » News » Auto Edges Out HELs as Dominant Collateral in ABS Market in 2001 Following Strong 3rd Quarter

Auto Edges Out HELs as Dominant Collateral in ABS Market in 2001 Following Strong 3rd Quarter

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A flurry of automobile-related deals in the third quarter helped make auto loans the dominant collateral type found in the booming asset-backed security market during the first nine months of the year. According to numbers compiled by Inside MBS & ABS, auto loans accounted for 28 percent of the record $247.08 billion in ABS securities produced in the period.
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