Lenders Aim to Curb Rising Losses, Fitch Index Reports
Auto ABS losses continue a “steady climb,” Fitch Ratings said in its most recent Auto ABS index report released yesterday. ...
Tag: Fitch Ratings Agency
Fitch: Subprime Auto ABS Losses Jump 27% YoY
Subprime auto ABS annualized net losses reached 8.9% in August, 27% higher versus the same time a year prior, according to ...
World Omni: Latest ABS Issuance Brings ‘Broad Investor Interest’ [VIDEO]
MIAMI -- World Omni Financial Corp. heated up the securitization pipeline for the second time this year with a $941.5 million ...
ABS Presell Strategy Boosts Demand, Lowers Cost
Bolstered demand for lower-rated securities has made it cheaper for subprime lenders to securitize. To secure the lower cost of ...
Auto ABS Volume Down, Losses Up, Deutsche Bank Says
Although the volume of auto ABS issuance is down from the same time a year prior, delinquencies and losses were up ...
ABS Volume to Follow Slowing Sales Trend, Fitch Predicts [VIDEO]
Auto ABS issuance volume is 11.5% below where volume was in 2015, according to John Bella, ABS managing director at ...
Fitch Predicts Summer Slow-Down for Auto ABS Performance
Auto ABS performance will deteriorate slowly over the summer, according to Fitch Ratings. Both prime and subprime metrics improved in ...
Reprieve for Subprime Auto ABS Delinquencies ‘Short-Lived,’ Fitch Says
Deliquencies for U.S. Subprime Auto ABS fell last month, after hitting a 20-year high in February, according to the latest ...
