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U.S. ABS Stable But Weak In 2011
Moody’s Investors Service says the performance of the majority of the various U.S. asset-backed securitization sectors will be stable this year but at weaker-than-historic levels.
Moody’s Investors Service says the performance of the majority of the various U.S. asset-backed securitization sectors will be stable this year but at weaker-than-historic levels. Moody’s outlook is stable for FFELP student loans, agriculture and construction equipment loans, timeshare loans, and franchise loans. The credit rating agency gave a negative outlook for private student loans, small business loans and tobacco settlement securitizations.