Subprime Auto ABS Sales Double

11 Mar 2013

The sale of asset-backed securities linked to subprime automobile loans has reached nearly $4 billion since Jan. 1, more than double the same period in 2012, according to Deutsche Bank.

The sale of asset-backed securities linked to subprime automobile loans has reached nearly $4 billion since Jan. 1, more than double the same period in 2012, according to Deutsche Bank. The bank also reports that subprime auto sales account for 34% of all auto ABS issuance, the highest ...

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