Annualized net losses ticked up across auto asset-backed securitization (ABS) transactions in October even as delinquencies improved sequentially for both prime and nonprime deals. Prime net losses increased 3 basis points (bps) sequentially and 20 bps YoY to 0.34%, according to the Kroll Bond Rating Agency (KBRA) October report. Prime delinquencies 60-plus days past due […]