June 11, 2020By Brandon IveyExtensions on Loans in Auto ABS Up Sharply in AprilThe use of extensions on subprime auto ABS more than doubled in April on a monthly basis. The outlook for performance is uncertain with enhanced unemployment benefits set to end in July.
May 14, 2020By Brandon IveyFitch Cautions that Marketplace Lender ABS Could Be Harder HitThe performance of ABS from marketplace lenders could take a harder hit from the pandemic than other types of MBS and ABS, said Fitch.
April 30, 2020By Brandon IveyLoan Extensions Piling Up on Auto ABSServicers of loans in auto ABS increased their use of loan extensions in March to help borrowers struggling to make payments.