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Asset Backed Securities

Standard & Poor's Asset-Backed Securities (ABS) covers a broad spectrum of ABS ratings, including new assets, revolving consumer assets (credit cards), synthetic securities, operating assets, future flows, auto loans and leases, manufactured housing, student loans, recreational vehicles, marine loans, commercial equipment and time shares. New assets may include nonperforming loans, tax liens, small business loans, rental cars, franchises and disaster recovery.

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