Industry Report: SIFMA’s US Securitization Report, First Half 2017

SIFMA’s US Securitization Report, First Half 2017

Part 1: Securitization Market Trends

“Securitization issuance, including agency and non-agency mortgage-backed securities (MBS) and asset-backed securities (ABS), totaled $1.2 trillion in the first half of 2017, a decline of 13.3 percent from 2H’16 ($1.4 trillion) but an increase of 17.4 percent increase from 1H’16 ($1.0 trillion). The increase was driven by the increase in ABS issuance, particularly CLO refinancings. Non-agency ABS and MBS issuance volumes rose by 91.3 percent and 28.0 percent, respectively, in 1H’17 from 1H’16, while agency volumes for 1H’17 fell 0.2 percent from 1H’16.”

– https://www.sifma.org/resources/research/us-securitization-report-first-half-2017/