What is the private-label securitization market ?

I have the idea that it is where private investors hold bonds backed by subprime mortgages (in the past, now); I want to know, what is the expanse of the private label sec market? That is to say, what other assets and such can be included in this beyond subprime loans (if any)?

Thanks in advance- I really appreciate all the people who devote time to educate others on Yahoo! Answers.

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