Report
Christopher O'Connell ...
  • Michael Reph

U.S. Structured Finance Newsletter: Subvented Auto Rates Have a Positive Impact on Cumulative Net Losses

The DBRS, Inc. (DBRS) Figures on Asset Securitization Tapes (FAST) database has more than 4.7 million prime and subprime auto loans as of August 2018. A database of this size can be used to assess trends and make observations about consumer profiles and the performance of the collateral within auto loan securitizations that report loan-level data. The loan-level data in the database provides insight into how the overall market performs. One data point included in the data tape is the sub vented loan characteristic.
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Christopher O'Connell

Michael Reph

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