Subprime lender First Help Financial put on watch for ratings downgrade
Kroll Bond Rating Agency is eyeing a potential uptick in losses across subprime auto lender First Help Financial’s securitization transactions ...
Tag: KBRA
Auto ABS issuance ticks down 5.8% YoY to $130B YTD
Despite tariff headwinds, affordability concerns and the closure of some subprime lenders, auto asset-backed securitizations showed resilience in October. Auto ...
SFA: Tricolor collapse not ‘canary in the coal mine’ for subprime ABS
Tricolor Holdings’ bankruptcy likely isn’t a catalyst of significant upheaval for the subprime auto securitization market. Tricolor was a buy ...
Tricolor Auto ABS ratings at risk of downgrade amid bankruptcy
Kroll Bond Rating Agency and Moody’s Ratings have put their ratings on downgrade watch for Tricolor Auto Acceptance’s securitization transactions in ...
DQs rise across prime, nonprime securitized loans in June
Credit performance across securitized auto loans weakened year over year and month over month in June, following seasonal trends. Securitized ...
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 ...
Delinquencies, losses climb across securitized auto loans
Delinquencies and net losses were higher year over year in March across securitized prime and nonprime auto loans, while issuance ...
Tariffs prompt lower auto ABS forecasts, DQ rise
Prolonged auto tariffs could lead to a decline in auto securitization issuance and worsened credit performance. Deutsche Bank lowered its ...
