Listen: Weekly Wrap discussion of auto ABS, vehicle sales
AFN editors discuss the top stories for the week ended March 3
Delinquencies across prime and nonprime securitized auto loans are moving closer to pre-pandemic levels, while rising interest rates and declining used-vehicle values are expected to lead to higher losses. The rate of loans 60-plus days past due increased 10 basis points (bps) year over year to 0.45% in January, according to Kroll Bond Rating Agency. […]
Already subscribed? Log in
