Not exact matches
The
volume of real estate debt,
auto debt, student
loans, bank debt, pension debts by municipalities and states as well as private companies exceed their ability to pay.
During the financial crisis, as home mortgage
volume fell dramatically, banks turned to
auto loans to make up for the lost revenue.
Between 2009 and 2017, six - year, seven - year, and longer - term
loans grew in popularity as the
volume of five - year
auto loans fell.
Since 2009, total
auto loan securitizations have surged 150 percent, to $ 17.6 billion last year, though some estimates have put the total
volume even higher.