KRED

Wednesday, June 14, 2017

This Toxic Trifecta for Auto Loans is Fueling #Carmageddon

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Wolf Richter wolfstreet.com, http://ift.tt/Wz5XCn Subprime Auto-Loan Backed Securities from 2015 on track to be Worst Ever. Institutional investors that manage other people’s money grabbed subprime auto-loan backed securities because of their slightly higher yields….

June 14, 2017 at 08:01AM

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from IWB

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