The U.S. consumer finance market has come a long way since the depths of the global financial crisis.  By most metrics, the market has not just climbed back to the peak, but is continuing to rise to new heights.  Asset Backed Securities (ABS) has become a key part of that ascent, as lenders look to extend both secured and unsecured consumer credit.

  • Growth policies under the new U.S. administration could affect specific consumer ABS sectors.
  • Growing unsecured subprime consumer debt appears to have little effect on the appetite of investors.
  • Secured loans on assets such as cars, as well as unsecured debt, are more readily available than they have been since 2008.

Wilmington Trust’s Rick D’Emilia participated in a panel facilitated by GlobalCapital to discuss how the U.S. consumer ABS market is growing through auto, student loan, credit card, and marketplace loan securitizations.

Article originally published in the June 2017 issue of GlobalCapital.

Please see important disclosures at the end of the article.

Download Article