Saving For a Space Ship Posted August 1, 2017 Share Posted August 1, 2017 (edited) EDit: just seen another earlier thread on this, mods, please merge / delete Outlook darkens for UK debt collateral Moody’s stance turns negative on loans bundled into asset-backed securities https://www.ft.com/content/155fa67e-75f3-11e7-90c0-90a9d1bc9691 Quote Moody’s has raised the alarm over a wide range of UK consumer loans that are bundled together and sold to institutional investors.... Auto loans, credit cards, buy-to-let mortgages and so-called “non-conforming” mortgages.. https://www.pistonheads.com/gassing/topic.asp?h=0&f=23&t=1662342&i Pistonheads discussion on the auto side ....... I posted this here on auto pcp thread, but thought it deserved a thread of its own Edited August 1, 2017 by Saving For a Space Ship Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 2, 2017 Share Posted August 2, 2017 UK Sub-prime. Quote Link to comment Share on other sites More sharing options...
oatbake Posted August 2, 2017 Share Posted August 2, 2017 Wasn't this how the previous GFC started? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 2, 2017 Share Posted August 2, 2017 11 minutes ago, oatbake said: Wasn't this how the previous GFC started? Negativity from non-believers Quote Link to comment Share on other sites More sharing options...
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