Subprime auto delinquencies near GFC level but collateral 'very different'

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Subprime auto delinquencies near GFC level but collateral 'very different'

Ayse Kelce
December 04, 2023 10:57 PM
Cars, trucks and motorhomes lined up at Picton docks, waiting for the Wellington ferry.

Headline numbers look higher than 2009, largely reflecting riskier borrower profiles

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Ayse Kelce
US Securitization Reporter
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