Nonprime auto asset-backed securitization issuance surpassed last year’s volume year to date even as total issuance trailed year over year. Issuance of auto asset-backed securitization (ABS) nonprime deals totaled $14 billion through March 28, up 21.7% YoY, according to the latest JPMorgan Securities data. Prime issuance ticked down 3% YoY to $22.3 billion, while total […]