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Losses rise across prime, nonprime securitized loans 

Nonprime delinquencies rose 36 basis points YoY in November 

Amanda Harris

Credit performance across securitized prime and nonprime auto loans weakened at the end of 2024 as loans originated in 2022 and 2023 continue to carry higher-than-expected losses.  Because cars were purchased at higher values and financed at larger amounts in 2022 and 2023, those vintages are performing worse than anticipated as vehicle values declined, Ines […]

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