Seasonal non-prime auto ABS deterioration surfaces in August
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Thursday, Sep. 12, 2019, 02:50 PM
SubPrime Auto Finance News Staff
NEW YORK -
Kroll Bond Rating Agency spotted typical season deterioration when analysts compiled their observations of the August auto loan indices based on performances in the auto asset backed securities (ABS) market. Analysts said in their report released this week that collateral performance in KBRA’s Non-Prime Auto Loan Index continued to “underperform.” For August, KBRA determined annualized […]