| Rev Cred/Home Eq | 41% | |
| Non-Jumbo Mtg Ln | 19% | |
| Auto Loans/Recs | 13% | |
| Credit Card Rec | 9% | |
| Student Loans | 7% | |
| Other | 10% | |
More From Asset Securitization Report
Mortgage rates near 7% but expected to ease by December
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
Why the consumer credit outlook for 2H looks cloudier
The latest consumer conditions study from the American Financial Services Association paints a less-than-rosy picture of how lenders expect the second half of the year to play out.
Auto ABS suffers the most in a K-shaped economy
Subprime auto and unsecured consumer loans are under pressure even as overall ABS performance remains steady.
A majority of Americans admit to growing financial stress
More than half of consumers worry about money daily, despite improved budgeting habits and, according to a Ramsey Solutions survey, declining mortgage concerns.
Late student-loan payments are rising. Is a domino effect coming?
The 90-day-plus delinquency rate on student loans hit 10.3% in the first quarter, and New York Fed researchers warn that a second wave of defaults could be coming. Evidence is mixed regarding the likely impact on other consumer-lending segments.
