One of the few positive outcomes of the financial crisis has been the strong performance of consumer ABS, which has become the gift that keeps on giving to investors and will likely continue to do so in 2013 and beyond.

"With the changes in underwriting that have occurred, we think the performance of these deals is quite strong and they'll continue to perform well at least over the near term," said Glenn Bowling, head of ABS credit at Invesco.

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