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
The $694 Million Paradox: When Does a Risky Loan Become Too Risky to Make?
He Bought Their Identities. Then He Bought the Cars
Catch Me If You Can: Inside the Gingerbread Man Auto-Fraud Enterprise
Case Study: Out of the Inbox, Into the System
Same FICO, Different Risk: Geography Emerges in Auto Loan Delinquencies
All Loan and No Cattle