S&P Global has again lowered its ratings on a 2022 Flagship Credit Acceptance auto securities transaction as loss expectations rise across multiple subprime issuances. S&P Global lowered ratings on three classes of notes and affirmed ratings on two classes in Flagship’s 2022-2 auto asset-backed securitization (ABS) issuance to better align with higher cumulative net loss […]
Already subscribed? Log in
