Servicers Tighten Up Clean-Up Calls In Auto ABS

07 Jul 2010

Some servicers have been more quickly exercising their clean-up call option in auto asset-backed securities over the past few months.

--Olivia Thetgyi

Some servicers have been more quickly exercising their clean-up call option in auto asset-backed securities over the past few months. Exercising the option closer to the date of eligibility could provide more pricing clarity in the secondary market and possibly tighten spreads for servicers who do so ...

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