green car

Subprime auto performance eyed

Category: ABS CDO CLOs

Previous Story       Next Story

Sector developments and company hires

Subprime auto performance eyed
Davis & Gilbert’s latest Credit Chronometer subprime auto study indicates that Covid-era market participants generally believe that the most reliable indicator of a subprime auto securitisation’s success is its projected performance - and they hold this belief even more strongly than in the past. The survey suggests that since 2019, the importance of credit ratings as a success factor has declined, perhaps indicating an emphasis and reliance by respondents on their own review of data in uncertain times.

Already registered?

Not yet registered? Join today to access SCI Content.