Loan tapes suggest auto trends are 'in line'
Tuesday 14 March 2017 16:57 London/ 11.57 New York/ 00.57 (+ 1 day) Tokyo
Loan and pool level stratifications in US auto ABS show credit trends in line with economic expansion and the credit cycle. Rising rates and increasing lender competition could alter this dynamic, according to a new JPMorgan study, which analyses early stage delinquencies and loan modifications across 10 auto loan tapes from seven pools (averaging 60,000 loans per tape).
The study ... showing 60 out of 837 words of this article
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