With $11 billion-plus pricing last week - more than double the $5.2 billion the week before - the ABS market saw its busiest week of primary issuance so far this year.

Despite the recent scrutiny placed on the market by various sources that view securitization as "a secret society cloaked in technical jargon," as Banc One recently put it, investors continue to line up for the relative safety of asset-backeds.

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