Credit unions to ramp up ABS volume in 2020 | Auto Finance News | Auto Finance News

Credit unions to ramp up ABS volume in 2020

© Can Stock Photo / Elwynn

Credit unions are likely to boost auto asset-backed securitization volume this year, according to reports issued this week by S&P Global Ratings and DBRS Morningstar. Auto loans accounted for 34% — or $374.5 billion — of outstanding credit union loans as of the third quarter of 2019. To that end, the sizable pool of auto loans originated […]

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