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Another warning sign: Subprime Auto Delinquencies Soar Past Crisis Levels, Now Highest In 20 Years
Saturday, March 19, 2016 10:26
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It’s Your Backyard Ventura County Submitted by Tyler Durden on 03/18/2016 17:06 -0400 On Thursday night, we brought you a first-hand account of what’s really going on in subprime auto. According to a reader who works in the industry, the securitization machine may be grinding to a halt for deals that are stuffed with loans to borrowers with low (or no) […]
Source: http://citizensjournal.us/another-warning-sign-subprime-auto-delinquencies-soar-past-crisis-levels-now-highest-in-20-years/
