(Reuters) - NEW YORK, June 29 - U.S. asset-backed securities
issuance fell to $580.1 billion in the first half of 2007
compared with the $605.1 billion sold in the same period last
year, Thomson Financial said on Friday.
The decline in overall ABS issuance was led by the home
equity loan sector, plagued by rising delinquencies and
defaults on subprime mortgage loans that support the
securities.
Read more at Reuters.com Bonds News
issuance fell to $580.1 billion in the first half of 2007
compared with the $605.1 billion sold in the same period last
year, Thomson Financial said on Friday.
The decline in overall ABS issuance was led by the home
equity loan sector, plagued by rising delinquencies and
defaults on subprime mortgage loans that support the
securities.
Read more at Reuters.com Bonds News
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