After reviewing 101 auto loan-backed securitizations, Fitch Ratings has isolated three as “Under Analysis,” which means that within 30 days they will either be affirmed, upgraded, downgraded, or placed on Rating Watch.
The three subject to a more in-depth review:
• Bank of America Auto Trust 2008-1
• Capital One Prime Auto Receivables Trust 2006-2
• JPMorgan Auto Receivables Trust 2008-A
Stay tuned for more info.