Mihnea Stanciu/FlickrWall Street is starting to worry about the auto loan market. Fitch, Moody's, Morgan Stanley, Mizuho and Evercore ISI have all published research on the market in the past few days, and there's a recurring theme: It's not looking good. There could be wide-ranging consequences, with automakers, the economy, consumers and one corner of the bond market all potentially taking a hit.
An Increasing Number Of Americans Have Stopped Paying Their Car Loans, And Wall Street Is Starting To Worry
mturner@businessinsider.com (Matt Turner), Business Insider
Mon, 03/27/2017 - 12:14pm
Topics: mihnea stanciu/flickrwall street moody's morgan stanley ally financial ford banks asset-backed abs previously steven ricchiuto january new york fed's liberty street economics newer independent nada’s used vehicle price index business insider fitch mizuho evercore isi us november february number loans wall street is starting street is starting to worry auto market subprime companies finance performance prices deteriorating year credit years monthly decline appetites demonstrated signs higher-risk underwriting reflecting based sharpest vehicles share highlighted sequentially discipline moving acute less-tenured segment delinquency rate highest days pulling players expansion
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