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Home>Fitch: Losses Less Than Half 2005-2006 Levels for U.S. Prime Auto ABS

Fitch: Losses Less Than Half 2005-2006 Levels for U.S. Prime Auto ABS

3party Content

Thu, 31 Jul 2014

U.S. prime auto loan ABS loss rates remain less than half of the level reached in one of the strongest historical pre-recession periods, according to the latest index results from Fitch Ratings. Prime annualized auto losses were flat month-over-month (MOM) through June this year at 0.24% but remain
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