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Saving For a Space Ship

Moody’s Outlook darkens for UK debt collateral - FT

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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



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..


Pistonheads discussion on the auto side  


I posted this here on auto pcp thread, but thought it deserved a thread of its own



Edited by Saving For a Space Ship

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