S&P projects losses for no-FICO lenders, puts notes on CreditWatch Negative
ABS East 2025
MIAMI — Auto securitization ratings experts are expecting further losses for lenders that specialize in servicing consumers with thin credit files and without Social Security Numbers following the recent challenges faced by multiple subprime financiers. In fact, S&P Global has put 26 classes of notes across three issuers on CreditWatch Negative, Amy Martin, managing director […]
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