Auto ABS analysis: Overall stability seen in 2019 but 2020 begins with some softening
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Thursday, Mar. 5, 2020, 03:10 PM
SubPrime Auto Finance News Staff
NEW YORK -
S&P Global Ratings indicated the U.S. auto loan asset-backed securities (ABS) market remained “healthy” last year and started 2020 on “solid ground.” But a separate report from Kroll Bond Rating Agency (KBRA) showed auto loan ABS credit performance softened in January, as net losses and delinquencies rose in both KBRA’s Prime and Non-Prime Auto Loan […]