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Auto ABS: A natural guardrail amid rising funding costs 

Subprime issuers are set to hit the largest speedbump in the current ABS market 

Amanda Harris

Capital markets have long provided a golden funding source for auto lenders, but market conditions in the last six to 12 months have resulted in changes within the auto asset-backed securitization (ABS) market that may keep the cost of funding elevated in the near term, posing challenges for subprime issuers.   “The ABS market is […]

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