Relevant:
- US Prime Auto Loan ABS Losses Reach Record High
- The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst
- Subprime Delinquencies Drop Again as CDS Prices Return to 2008 Levels
- Australian Home Loan Delinquencies Jump to Record Last Quarter, Fitch Says
- Fitch: CMBS delinquencies at 8.4% despite record loan mods
2009-06-27 — researchrecap.com
"Prime auto U.S. ABS delinquencies jumped 22% on a monthly basis in May, while net losses improved 17% in May over April clouding expectations for the coming summer months, according to Fitch Ratings. The improvement in net losses was mostly a result of seasonal patterns and losses remain near record high levels."
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