Auto Asset Backed Securities news and trends

Auto Asset-Backed Securities Surge; Could Create Trouble In 2018

January 02, 2018
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Auto Asset-Backed Securities Surge; Could Create Trouble In 2018

January 02, 2018
Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if the Federal Reserve raises interest rates and consumers struggle to pay back their auto loans. According to a report in Financial Times, citing data from S&P Global Ratings, Wall Street firms […]