POLL: fears over US auto securitisation

Author: Edward Price | Published: 10 Dec 2015

US regulators are worried about the auto loan market. It’s too soon to tell if their concerns are justified

Are US regulators’ concerns over the auto securitisation market warranted?

In October, IFLR reported on US regulators' concerns about the auto loan market. Specifically, Tim Curry, chief of the Office of the Comptroller of the Currency (OCC) had expressed fears about easing auto loan underwriting standards, and the potential of higher auto loan delinquency rates. It prompted IFLR to poll readers on whether regulators' concerns are justified.

Forty-two percent of respondents tell us it's just too soon to know. By contrast, 33% say that they're wrong to worry. On balance, even if there are risks, most don't believe regulators should be as worried as they are. Only 25% agree with Curry.

Too soon So what are US regulators worried about? "They are thinking about riskier borrowers. But this is a measureable...