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Auto Loan Delinquencies, Reposessions Up In Q1 2013
Bad news on the subprime front, as credit rating agency Experian reports a rise in delinquencies and repossessions for auto loans in Q1 2013. Melinda Zabritski offered a rather dubious explanation for...
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Moody’s: Underwriting Standards, Borrower Credit Declining
The global outlook for Auto Back Securities (ABS) is steady – except in North America, where underwriting standards and borrower credit are slipping. The latest news comes from ratings agency Moody’s,...
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