Primary U.S. ABS issuance slowed last week, to the tune of $8.3 billion, as the focus on mortgage ABS continued. With the credit card sector accounting for under $1 billion and auto-related supply just topping $1 billion, the home equity sector once again led the way, with a little help from the student loan sector.

Mortgage-related ABS totaled about $3.5 billion throughout last week, with three large global MBS deals hanging over the market. Student loan ABS issuance, however, totaled $2.3 bullion on two transactions.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.