Auto Loan ABS market best of the bunch
Posted on March 26th, 2009 by Loan News
This comes via Angus Robertson of Research Recap : The performance of auto loan securities has been mixed, but Standard Poor’s Credit Research points out that overall ratings on the ABS have been remarkably stable in spite of the recession. In a new report on the sector , S P says that delinquencies and write-downs among certain auto loan ABS, vintage 2007-08, have outstripped the peak losses of 2000-01. Even so, S P has downgraded only one transaction this year due to c
Filed under: Loan News