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Moody’s upgrades auto ABS deals, performance weakens 

Prime auto delinquencies rose 4 bps in February 

Amanda Harris

Moody’s Ratings has upgraded ratings across several auto asset-backed securitization transactions as credit enhancement cushioned against losses, while credit performance across securitized auto loans worsened in February.   Moody’s on March 18 announced it had upgraded ratings for six classes of bonds across three auto asset-backed securitization (ABS) deals and one credit-linked notes transaction.  The upgrades were […]

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