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The Auto Loan Market Is Beginning To Look Like 2008's Housing Bubble
Thursday, February 25, 2016 - 2:59pm | 552The latest numbers in the asset-backed securities (ABS) market are drawing some unfavorable comparisons to derivative market dynamics prior to the Financial Crisis. A new report by Wells Fargo indicates that, while the overall ABS market has cooled so far in 2016, subprime auto loan ABS...