The U.S. asset-backed market quietly priced approximately $4.4 billion of new supply last week, up from $2.66 billion the week before, with issuance focused on the real-estate related and private-label credit card sectors.

High profile issues priced during the week from Household Finance and World Financial Network in the credit card sector as well as a Countrywide-originated home equity loan-backed deal, guaranteed by a full Fannie Mae surety wrap. Sprinkled in throughout the week were smaller offerings focused primarily on the home equity loan sector.

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