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Nonprime auto ABS volume up 21.7%

Total ABS volume at $49.2B 

Amanda Harris

Nonprime auto asset-backed securitization issuance surpassed last year’s volume year to date even as total issuance trailed year over year.  Issuance of auto asset-backed securitization (ABS) nonprime deals totaled $14 billion through March 28, up 21.7% YoY, according to the latest JPMorgan Securities data. Prime issuance ticked down 3% YoY to $22.3 billion, while total […]

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