Volume 2014 - Number 48
December 19, 2014
Most Consumer ABS Asset Classes to Hold Up Well In 2015, With Subprime Auto a Question Mark
Wall Street analysts are generally projecting a year of stability for most asset classes in the consumer ABS space for 2015, despite a few more losses and an anticipated increase in interest rates. The one exception might be subprime auto. Analysts at Standard & Poor’s Ratings Services cited a favorable overall environment characterized by a strengthening economy, healthy consumer credit fundamentals, and robust structural protections in ABS transactions. “We expect...
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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.
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