We had a huge increase this year and it's unlikely that it can be sustained at that level. With interest rates moving higher, mortgage originations will be down a little bit, and as a result, securitizations will be down.
More Quotes from Dan Castro:
ABS (issuance) will be down a little bit in the coming year because most of the growth was in the home equity sector.Dan Castro
You kind of become surrogate parents.
Dan Castro
I don't see any way it will be down 20, like people were predicting.
Dan Castro
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