19.08.2014 18:19:00
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Moody's: US subprime auto losses should continue to moderate
New York, August 19, 2014 -- Moody's Investors Service does not expect losses of US subprime auto loans to reach crisis levels because although delinquencies have risen over the last few years, they remain below the levels at the height of the financial crisis and have started to moderate, according to a new report, "US Subprime Auto Loan Delinquencies, Still Below Post-Crisis Highs, Reflect Typical Credit Expansion."