KBRA sees seasonal trends appear in September ABS indices
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Tuesday, Oct. 15, 2019, 03:49 PM
SubPrime Auto Finance News Staff
NEW YORK -
September’s auto loan asset backed security data didn’t surprise analysts at Kroll Bond Rating Agency (KBRA). The latest readings for KBRA’s prime and non-prime indices arrived with seasonal patterns evident. Analysts found that auto loan ABS credit performance weakened slightly in September, with net losses and delinquencies rising month-over-month in both prime and non-prime. “The […]