Increased new issue volumes and near record lows in the consumer ABS spreads have led to slightly wider spreads  in both the primary and secondary markets, according to two securitization market reports.

Approximately $14 billion of new consumer ABS priced over the previous two weeks, and $30.9 billion has priced since Sept. 1, according to an Oct.15, Wells Fargo report. Another $5 billion is in the pipeline for this week, which drives issuance in consumer ABS to $144.2 billion for year-to-date 2012, which is 59% ahead of last year’s volumes.

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