Fitch Says Most Subprime Not Worthy of High ABS Grades
Fitch Ratings has fired yet another shot across the subprime bow. This week, Fitch analysts wrote that most subprime auto ...
Tag: Fitch Ratings Agency
Rising Depreciation Rates Won’t Dent Auto ABS
Depreciation rates on used vehicles are approaching levels not seen since the recession. That trend will soon reverse, however, and ...
Ford Credit Portfolio Grows to $33.5 Billion
Ford Motor Credit‘s portfolio grew to $33.5 billion through March, versus $32.2 billion during the same period in 2013. In ...
Tax Refunds Will Boost Auto ABS, Fitch Says
Tax day this year might not be the bear it usually is. At least to some auto finance industry folks. ...
Fitch Says Asset Quality Will Go Down
Though Fitch Ratings expects the outlook for most individual auto lenders to be “stable,” the agency has assigned a “negative” ...
Auto Drives Consumer Loan Growth at Small Banks
The auto loan space has experienced loosening of underwriting standards in the past year, and smaller U.S. banks appear to ...
