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Auto ABS volume surpasses 2018 levels

Auto asset-backed securitization volumes have already outpaced 2018’s yearend levels, according to data from JPMorgan Securities. Auto ABS volume hit $109.8 billion year to date, a 5.6% increase from 2018’s total, according to the Nov. 22 Global ABS/CDO Weekly Market Snapshot report. In fact, 2019 marks the third straight year that auto ABS volume has increased, […]