Current State of the U.S. Auto ABS Market and U.S. Auto Finance Companies

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Presented by

Stephanie Mah, Ines Beato, and Mark Nolan

About this talk

Counter to initial concerns, performance during the past 18 months in the structured finance consumer ABS sector has generally fared well. Specifically, auto loan ABS performance has been strong despite the economic stress resulting from the impacts of the COVID-19 pandemic. Meanwhile, the performance of U.S. auto finance companies has been solid and better than anticipated. Unique to this economic cycle, unlike prior periods of economic stress, the unprecedented level of U.S government stimulus packages during this pandemic in the form of one-time payments and additional unemployment benefits provided obligors with much needed cash flow and support. Join us on September 9th at 11 a.m. EDT as senior DBRS Morningstar analysts Ines Beato, Mark Nolan and Stephanie Mah discuss performance and the current state of the market. A Q&A session will follow the presentation.

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DBRS Morningstar is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. Rating more than 3,000 issuers and 60,000 securities, we are the fourth-largest credit rating agency in the world. DBRS Morningstar empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry. Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service. DBRS Morningstar is the next generation of credit ratings. To learn more, visit dbrsmorningstar.com.