New data potentially shows swift impact of extensions on delinquencies & defaults
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Thursday, Feb. 25, 2021, 02:56 PM
SubPrime Auto Finance News Staff
NEW YORK -
Perhaps one of the clearest data examples of how extensions or other contract modifications impact delinquencies and defaults within a short timeframe arrived this week courtesy of S&P Global Ratings, S&P Dow Jones Indices and Experian. First, let’s look at the extensions recorded in December on auto financing within public asset-backed securities (ABS). S&P Global […]