"Spreads are widening in auto loan ABS, but we're seeing this in non investment grade corporate debt too.
I've attached an article that shows how spreads have widened in non investment corporates and compares that widening to the post…"
I thought I'd share some interesting historical facts with you. Before the crisis, subprime auto loan ABS reached a peak of $21.4bn. That was in 2006 when vehicle sales totaled 16.5 million units. At that time subprime issuance represented…"
Just finished reading Auto Finance Executive (Fall 2009) last night (which I brought home from the auto finance summit) and enjoyed reading the articles on BHPH, "The spectacular rise --and precipitous fall - of mega dealer Denny…"
It is my hope that 2010 ends well for you, your organization and our industry. I am looking forward to hearing your comments at AFS 2010 and to meeting you. I would like to introduce you to my company, GripFin, Inc., which provides advisory and investment services to auto portfolio buyers and sellers of all sizes and credit spectrums. I would appreciate your visiting my profile and inviting me to become your friend. Thanks, Glenn Gottfried, CEO, GripFin, Inc. (gripfin.com)