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Net losses rise across prime, nonprime auto ABS 

Auto ABS issuance volume up 32% 

Amanda Harris

Credit performance across prime and nonprime securitized auto loan pools continued to weaken in June, driven by seasonal consumer spending and declining used-vehicle values, while issuance volume continues to outpace last year’s levels.  While delinquencies are rising, losses are a bigger concern as an indicator of potential defaults when it comes to auto loans, Brian […]

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