We had a huge increase this year and it's unlikely that it can be sustained at that level. With interest rates moving higher, mortgage originations will be down a little bit, and as a result, securitizations will be down.
I don't see any way it will be down 20%, like people were predicting.
There is just plenty of supply. There are deals coming out everywhere.
ABS (issuance) will be down a little bit in the coming year because most of the growth was in the home equity sector.
Copyright © 2024 Electric Goat Media. All Rights Reserved.