The private-label securities market stands nowhere close to where it used to over the past eight years. In fact, it pales in comparison to its prior demand — so much so that new prime securitization was just $12.1 billion in 2015 — less than 9% of the $142 billion total in 2001. An Urban Institute blog addresses what’s going on in the PLS market, along with the areas that still need a lot of groundwork in order to revive the market.
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