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DQs rise across prime, nonprime securitized loans in June

Securitized nonprime auto losses rose 69 bps YoY

Aidan Bush

Credit performance across securitized auto loans weakened year over year and month over month in June, following seasonal trends. Securitized prime loans 30 to 59 days delinquent rose 9 basis points (bps) YoY and MoM to 1.23% in June, according to the latest Kroll Bond Rating Agency auto loan ABS index report, published July 18. […]

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