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Losses rise across prime, nonprime securitized auto loans (Big Wheels) 

Auto ABS volume rose 17.8% YoY 

Amanda Harris

Losses across prime and nonprime securitized auto loans increased sequentially and year over year as auto asset-backed securitization volume outpaces issuance compared with a year ago.   The rate of securitized auto loans 30 to 59 days delinquent ticked up 9 basis points (bps) month over month and 14 bps YoY to 1.28% for prime, […]

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