The Skinny
Auto loan delinquencies persist in reflecting a sustained long-term deterioration. This decline in performance is especially acute among subprime borrowers. The latest Senior Loan Officer’s Opinion Survey indicates a net easing of underwriting standards coupled with rising demand, raising concerns about the credit quality of newly originated auto loans.
Auto ABS Data Coverage
This section summarizes loan-level data from monthly U.S. auto ABS filings with the Securities and Exchange Commission. The dataset provides a comprehensive view of the securitized auto loan market:
Source: 15,500+ SEC ABS-EE monthly trust filings (2017–present)
Loans: ~27 million unique loans
Fields: 72 data elements per loan, covering borrower, loan, vehicle, and performance characteristics
Issuers: 24 issuing trusts, 22 currently active
Series: 431 issuance series, 240 currently active
