Late payments on subprime auto loan securitizations are rising rapidly, and increased regulatory scrutiny of both lending and servicing is partly to blame, according to Standard & Poor’s.

The average 30-plus-day delinquency rate for subprime auto ABS bottomed out at 6% in 2011 and had risen by 65% at the end of 2014, to 10.00%.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.