S&P Global Ratings uncovers volume of contract modifications
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Tuesday, May. 5, 2020, 02:25 PM
SubPrime Auto Finance News Staff
NEW YORK -
Viewed through the prism of the U.S. auto asset-backed securities (ABS) market, S&P Global Ratings generated a report examining the depth and potential impact of extensions of vehicle installment contracts because of the COVID-19 pandemic. According to a report based on the firm’s watch of securitizations, S&P Global Ratings computed that extensions on a dollar […]