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Securitized auto loan delinquencies surpass historical levels

Amanda HarrisbyAmanda Harris
August 27, 2024
in Risk Management
Reading Time: 4 mins read
0

Sixty-plus-day delinquencies reached the highest July level since at least 2011 as losses across prime and nonprime securitized auto loans rose in tandem with a decline in recoveries.   The upticks in past-due loans and losses, while expected, represent continued headwinds facing consumers, Brian Ford, managing director and head of structured finance research at Kroll […]

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Tags: auto ABScredit lossesdelinquenciesKBRAnonprimePremiumprimeRecoveries
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