Delinquencies and net losses picked up across securitized auto loan pools in September, with losses across subprime loans rising at a higher rate than prime loans. Receivables 60-plus days past due across nonprime auto securitized loans rose 13 basis points (bps) sequentially and 53 bps year over year to 5.75%, according to the Kroll Bond […]
Source : AutoFinanceNews
