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Higher delinquencies drive regional risk focus in auto ABS loan pools

Southeastern states accounted for 4 of 5 highest 60-plus-day delinquency rates

Auto lenders with a large presence in the Southeast may need to pay closer attention to delinquencies as some of those states are reporting worse than expected credit performance in asset-backed securitization pools.  Southeastern states reported some of the highest credit stress across securitized auto loans in the United States in the first half of […]

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