Moody’s upgrades auto ABS deals, performance weakens
Moody’s Ratings has upgraded ratings across several auto asset-backed securitization transactions as credit enhancement cushioned against losses, while credit performance across ...
Tag: KBRA
Tax refunds could offset rising DQs on securitized loans
Delinquencies and losses across prime and nonprime securitized auto loans rose year over year but improved sequentially in December in ...
Losses rise across prime, nonprime securitized loans
Credit performance across securitized prime and nonprime auto loans weakened at the end of 2024 as loans originated in 2022 ...
Securitized auto loan delinquencies surpass historical levels
Sixty-plus-day delinquencies reached the highest July level since at least 2011 as losses across prime and nonprime securitized auto loans ...
Lenders battle recovery woes with collections, servicing strategies
Auto lenders must creatively prioritize servicing and collections initiatives as recovery rates fall to historically low levels across the industry, ...
Lower prices, rising repo costs contribute to falling recoveries
Securitized auto loan recoveries aren’t likely to improve in the coming months as used-vehicle values decline and repossession costs rise. ...
Subprime auto ABS losses rise 19 bps YoY
Delinquencies and net losses picked up across securitized auto loan pools in September, with losses across subprime loans rising at ...
Ent Credit Union issues inaugural auto ABS deal
Ent Federal Credit Union has issued its first-ever auto asset-backed securitization deal as credit unions turn to capital markets amid ...
