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ABS Market Survived Challenging 2009, 2010 May Not Be Much Better
Compared to the non-agency MBS market, securitization of consumer financial products and other ABS held up fairly well over the last two years, but the sector still faces critical regulatory and performance issues in 2010. A total of $155.05 billion of non-mortgage ABS were issued in 2009, down 14.6 percent from the previous year. It was the lowest output in a decade, and new issuance...
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