Auto ABS Further Explained

In addition to the understanding the trends in the overall auto loan market, I feel that it is critical to understand, in particular, asset-backed securities (ABS) as it relates to this particular market. In the video embedded below, Amy Martin, Senior Director for Standard & Poors U.S. asset-backed securities team, does an excellent job of explaining the reasons for the rebirth of the subprime auto loan asset-backed securities market. Give a listen.