Auto delinquencies rise 88 bps across securitized nonprime loans
Early-stage delinquencies rose across prime and nonprime securitized auto loans in October, while net losses improved, and auto asset-backed securitization ...
Tag: credit losses
Student debt could raise losses across securitized auto loans
Credit performance across securitized auto loans worsened year over year in May but improved month over month, with the impact ...
Moody’s upgrades auto ABS deals, performance weakens
Moody’s Ratings has upgraded ratings across several auto asset-backed securitization transactions as credit enhancement cushioned against losses, while credit performance across ...
Tax refunds could offset rising DQs on securitized loans
Delinquencies and losses across prime and nonprime securitized auto loans rose year over year but improved sequentially in December in ...
GM Financial’s lease originations up 14% year over year
GM Financial’s originations increased in the third quarter as an uptick in leasing volume offset a decline in new retail ...
Securitized auto loan performance deteriorating
MIAMI — Credit performance across securitized auto loans is deteriorating, particularly in the subprime sector, as consumers feel the pressure ...
CarMax Auto Finance provision for credit losses up 25%
CarMax Auto Finance increased its provision for credit losses due to an uptick in expected losses, while originations ticked down ...
Securitized auto loan delinquencies surpass historical levels
Sixty-plus-day delinquencies reached the highest July level since at least 2011 as losses across prime and nonprime securitized auto loans ...
