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Buy and Sell Asset Backed Securities

Leveraging our sophisticated online platform, deep buyer base and analytical tools, SecondMarket centralizes price discovery and facilitates liquidity in the ABS market.
  • More than 1,000 investors have signed up to buy and sell asset backed securities and other structured products
  • Broad coverage, including securities backed by equipment leases and loans, aircraft leases, trade receivables, timeshare receivables and manufactured housing loans
  • 60 second sign up form to apply for FREE access
Elton Wells

Contact Us

Elton Wells
Director, Structured Products
ewells@SecondMarket.com +1 212.825.1248
  • SecondMarket to be Honored at Davos


Market News

Sep 2 2010

Home Foreclosures Fall, but Mortgage Delinquencies Rise — www.nytimes.com

 

  • Subprime loans may now be a problem of the past as many have worked their way out the system – the critical area now is prime loans, where defaults are driven by stubbornly high unemployment
  • Loans that are at least 90 days past due, the largest and most troubled group, fell to 9.11 percent from 9.54 percent in the first quarter, according to the Mortgage Bankers Association

Sep 2 2010

Issuance Active; Treasurys Rally on FOMC — online.wsj.com

  • Ally Auto offered a $1.09 billion asset-backed bond Tuesday, according to a person familiar with the matter
  • The bond is scheduled to price later this week
  • Four tranches of the bond are offered via the public market while the lowest two tranches are offered via the private Rule 144a market  

Sep 1 2010

30-Year Fixed Mortgage at 4.36% — online.wsj.com

  • The prolonged rally in the treasury market has prompted lower yields on debt
  • The 30-year fixed-rate mortgage averaged 4.36% for the week ended Thursday
  • It sits at its lowest point since Freddie began tracking it in 1971 and has set or remained at record-low levels for 10 straight weeks

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