PT - JOURNAL ARTICLE AU - John Hwang AU - Tamer El-Rayess TI - Credit Card ABS Sector Review AID - 10.3905/jsf.2012.17.4.148 DP - 2012 Jan 31 TA - The Journal of Structured Finance PG - 148--150 VI - 17 IP - 4 4099 - https://pm-research.com/content/17/4/148.short 4100 - https://pm-research.com/content/17/4/148.full AB - This panel covered relative value in credit card ABS, trends in credit card asset spreads, and performance and expectations for future credit card issuance. Liquidity and transparency in the credit card ABS sector served as a safe harbor during recent market volatility. The panelists discussed trends in early-stage delinquencies and roll rates, FICO scores, spreads on and new issuances of AAA credit card ABS, and growth of the secured credit card market. An overview of the nearprime credit card market is included.TOPICS: Credit risk management, asset-backed securities (ABS)