Recoveries dip across auto ABS deals
Annualized net losses increased across prime and nonprime auto asset-backed securities (ABS) transactions in November as declining used-vehicle values contributed ...
Tag: prime
ABS losses tick up in October
Annualized net losses ticked up across auto asset-backed securitization (ABS) transactions in October even as delinquencies improved sequentially for both ...
August marks third month of rising ABS delinquencies
August marked the third consecutive month of weakening credit performance across prime and subprime auto asset-backed securitization (ABS) transactions as ...
Prime auto ABS losses hold steady
Losses across prime auto asset-backed securitization (ABS) transactions held steady in June and July, even as delinquencies moved closer to ...
Extended loan terms ramp up risk in Honda ABS
American Honda Finance Co.’s latest transaction — its second of the year — is not insulated from the potential effects ...
Prime consumers lean toward used vehicles
LAS VEGAS — Consumers with prime credit scores are showing an increased appetite for the used-vehicle market, a continuing trend ...
Weakening credit quality to bog down auto ABS in 2020
Loan quality within auto securitizations is expected to weaken, driven by higher delinquencies and a potential economic slowdown, according to ...
Citizens One increases approvals for loans with mid-600 scores
Citizens One Auto Finance has boosted its approval rate 10% for loans with credit scores in the 640-to-680 range, thanks ...
