Consumer, Autos Struggle for Mexican ABS Comeback

Consumer, Autos Struggle for Mexican ABS Comeback

Structured Finance

Auto and consumer loan securitizations in Mexico could offer investors much needed diversification from RMBS, but they have been held back by liquidity concerns. Issuers and bankers are hopeful last month’s MXP1.5bn 2010 securitization from GMAC could encourage others. “Auto loans would be a welcome diversification. Investors are hungry for something other than RMBS,” says Sue Romo, MD at Credit Suisse, speaking at a recent Moody’s LatAm securitization panel in New York. She says it would be a n

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial