Until last week, bonds backed by auto loans were coming to market at a slower pace than they did in 2015. But after Labor Day, the market went into overdrive: nine adeals totaling $7.1-$7.4 billion (including a potential upsizing) hit the market, according to regulatory filings and ratings agency presale reports published this week.

If the pace keeps up, 2016 will be a boom year.

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