Fitch Seeing Auto Lease ABS Staying Stable

Fitch Ratings

Used Car News - September 8, 2014

While Fitch Rat­ings expects to see used vehi­cle val­ues to con­tin­ue their decline as off-lease and fleet vol­umes rise, Fitch also expects that auto lease asset-backed secu­ri­ties (ABS) should remain sta­ble. The com­pa­ny also believes that robust loss pro­tec­tion in auto lease ABS, which includes con­tin­ued real­iza­tion of resid­ual gains, will help sup­port sta­ble rat­ings despite expect­ed mar­ket pres­sure.



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