Far from going quietly into the night, the third quarter of the ABS market came to a close with a final week that saw slightly wider HEL spreads and the absence of Fitch Ratings from a stream of home equity loan ABS deals.

Market players expected at least $13 billion in new ABS issuance to hit the market by the end of the week. In terms of collateral, home equity loans made up the overwhelming bulk of new business, while the auto loan and credit card sectors also chimed in with deals.

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