3 ms·

Subprime auto loans, most likely.

• diogenescynic 4y ago
  Mortgage backed securities couldn't be sold for any price on Friday: https://www.cherrycreekmortgage.com/lous-credit-news https://www.cherrycreekmortgage.com/lous-credit-news
  • rufusroflpunch 4y ago
    To me, this was very alarming. Shades of 2019 repo crash.
  • adrr 4y ago
    There is a very low amount of subprime mortgage loans. Risk isn't the same as it was during the last recession. Delinquency rate is also trending down. https://fred.stlouisfed.org/series/DRSFRMACBS https://fred.stlouisfed.org/series/DRSFRMACBS