Chart 1
Total Securitization Issuance Approximated $2.7 Trillion in 2005
($ in billions)
Year MBS CMOs/REMICs Nonmortgage ABS
1985 $110 $16 NA
1986 $269 $48 NA
1987 $243 $60 NA
1988 $165 $78 NA
1989 $215 $98 NA
1990 $259 $112 $43
1991 $317 $195 $50
1992 $545 $279 $52
1993 $667 $324 $60
1994 $422 $119 $75
1995 $318 $24 $99
1996 $440 $65 $133
1997 $487 $156 $138
1998 $929 $199 $144
1999 $833 $161 $153
2000 $615 $79 $186
2001 $1,355 $401 $237
2002 $1,857 $539 $250
2003 $2,717 $516 $256
2004 $1,883 $319 $246
2005 $2,158 $295 $292
Note: Nonmortgage ABS excludes collateralized debt obligations (CDOs). ABS = asset-backed securities, CMOs = collateralized mortgage obligations, REMICs = real estate mortgage investment conduits, MBS = mortgage-backed securities. Sources: Ginnie Mae, Freddie Mac, Fannie Mae, Inside MBS&ABS.