Auto ABS volume reaches highest level since the credit crisis
Securitized auto loans clocked in at $128.4B
Volume in the auto asset-backed securitization (ABS) market reached its highest level since the 2007-2008 credit crisis, fueled by low cost of funds, elevated used-vehicle values and increased investor demand as auto continues to be a well-performing asset class amid economic uncertainty. Auto ABS volume hit $128.4 billion as of Dec. 3, according to JPMorgan […]
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