Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Why worries over subprime auto bonds might be only getting started

Por: MarketWatch Business January 07, 2023

thumbnail

Credit Acceptance is one of the largest publicly traded auto lenders, originating over $4.9 billion in loans in 2020 alone. It has contributed to the last decade’s boom in subprime asset-backed securities (ABS) tied to used-car loans. The U.S. Consumer Financial Protection Bureau and New York Attorney General Letitia James sued Credit Acceptance on Wednesday, claiming it tricked low-income borrowers into high-cost loans that exceed... + full article



Similar News

Credit Acceptance shares tumble 12% after regulators sue, claim illegal subprime auto lending practices

MarketWatch USA Business January 04, 2023

thumbnailCredit Acceptance is one of the nation’s biggest publicly traded auto lenders, involved in financing more than $4.9 billion in auto loans in 2020 alone, It has been a frequent issuer of asset-backed bonds tied to subprime car loans, where BB-rated bonds lately promise yields... + más

Why worries over subprime auto bonds might be only getting started | MarketWatch

Credit carnage spurs bargains on bonds tied to $16 trillion pile of U.S. household debt | MarketWatch


Higher interest rates mean only wealthy Americans can afford a new car

MarketWatch USA Business November 07, 2022

thumbnailThe Fed has moved the rate by a total increase of 375 basis points this year — a rate of change not seen since 1981. Further increases may be coming, but the Fed and further apart. ““With rates expected to go even higher and stay there for at least the duration of 2023,... + más

Waiting for a better time to buy a car? Keep waiting | CNN

Good news: Personal loan interest rates plunge for 3- and 5-year loans | Fox Business


Credit carnage spurs bargains on bonds tied to $16 trillion pile of U.S. household debt

MarketWatch USA Business November 04, 2022

thumbnailBut the tumult also has investors in bonds tied to U.S. consumer and mortgage debt scouring for opportunities, as yields climb to crisis-era levels, even while the at a 3.7% unemployment rate in October. “I don’t think there’s an appreciation for just how cheap a lot of... + más

AP source: Spurs waived Primo after allegation of exposure | WPLG Local 10

AP source: Spurs waived Primo after allegation of exposure | Associated Press


What are I bonds and how do they work?

Fox Business USA Business November 01, 2022

thumbnailCarnivore Trading CEO Dutch Masters and Seaport Securities founder Teddy Weisberg reveal their strategies for investing in a down market on The Claman Countdown. I bonds will pay less interest in the months ahead but still remain attractive for many investors. These... + más

How To Buy More Than $10,000 Of I Bonds Before The Rate Drops | Forbes

Rare bear market in bonds strips investors of safe haven | ABC News


How To Buy More Than $10,000 Of I Bonds Before The Rate Drops

Forbes USA Business October 15, 2022

thumbnailAD FOR U.S. SAVINGS BONDS.UNDATED.Bettmann Archive The Bureau of Labor Statistics Thursday released inflation numbers for September. The Consumer Price Index for All Urban Consumers (CPI-U) rose by in September on a seasonally adjusted basis, or 8.2% over the past 12 months... + más

Rare bear market in bonds strips investors of safe haven | ABC News

Rare bear market in bonds strips investors of safe haven | Associated Press


Rare bear market in bonds strips investors of safe haven

Associated Press USA Tech September 23, 2022

thumbnailNEW YORK (AP) — A rare bear market in bonds hasn’t gotten much attention, but it may be inflicting more pain on investors than the downturns for stocks, cryptocurrencies and other investments.Investment-grade bonds — those issued by governments and corporations with good... + más

Rare bear market in bonds strips investors of safe haven | ABC News

Benchmark bond yields are ‘bad news' for investors as the Fed hikes rates by 0.75%. What it means for your portfolio | CNBC


Rare bear market in bonds strips investors of safe haven

ABC News USA Business September 22, 2022

thumbnailNEW YORK -- A rare bear market in bonds hasn't gotten much attention, but it may be inflicting more pain on investors than the downturns for stocks, cryptocurrencies and other investments.Investment-grade bonds — those issued by governments and corporations with good... + más

Benchmark bond yields are ‘bad news' for investors as the Fed hikes rates by 0.75%. What it means for your portfolio | CNBC

What Tyler Skaggs Left Behind | Bleacher Report



About iurex | Privacy Policy | Disclaimer |