Three ABS observers all arrive at two conclusions about current auto-finance market
Chart courtesy of Fitch Ratings
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Friday, Nov. 20, 2020, 04:14 PM
SubPrime Auto Finance News Staff
NEW YORK -
Fitch Ratings, Kroll Bond Rating Agency (KBRA) and S&P Global Ratings each offered perspectives on the securitization market this week. After sharing metrics their analysts gathered, each firm pointed to two trends moving in opposite directions. All three highlighted how contract modifications are declining and as a result, delinquencies are climbing with the expectation for […]