Loan delinquency and plummeting wholesale values clobbering subprime bond market
(Bloomberg) — Subprime auto loan borrowers are increasingly falling behind on payments, and the value of used cars is dropping, two trends that are clobbering bonds tied to the debt.
Subprime auto loan bond market getting clobbered – Credit Union Collections – Credit Union Collectors – Repo Blood
More Stories
From Dealership Desks to Racketeering: Another Miami Fraud Ring Busted
CarMax Settles with DOJ Over Illegal Repossessions
Talk Derby to Me at the NWCUCA 51st Annual Conference