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Prime, subprime ABS losses climb 

September delinquencies, losses rose across securitized prime, nonprime auto loans   

Amanda Harris

Delinquencies and net losses continued to climb across prime and nonprime securitized auto loans in September as spreads widened in tandem with strong activity in the capital markets.   Nonprime securitized loans 60-plus days past due stood at 5.99% during the September collection period, down 5 basis points (bps) month over month but up 69 bps […]

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