Peter Cecchini on Subprime Auto Lending Risks and Abs Market Pressures
Peter Cecchini, Principal and Head of Research at Axonic Capital, was featured in Bloomberg’s September 11 coverage on the recent bankruptcy of subprime auto lender Tricolor and its implications for the asset-backed securities (ABS) market. Cecchini noted that demand from ABS investors has fueled rapid growth in subprime auto loan origination, often at the expense […]