| Rev Cred/Home Eq | 48% | |
| Non-Jumbo Mtg Ln | 19% | |
| Auto Loans/Recs | 9% | |
| Credit Card Rec | 8% | |
| Student Loans | 5% | |
| Other | 11% | |
More From Asset Securitization Report
Aven’s HELOC assets secure $304.1 million in ABS
Aven Simple Loans, as the pool of designated receivables is known, is composed of 6,786 draws from 5,767 HELOC credit card accounts, all of which are exempt from Ability-to-Repay rules.
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.
