Outlook Report
2014 Outlook: Credit Card Asset-Backed Securities (Delinquency and Loss Metrics Approach Troughs)
Fri 13 Dec, 2013 - 12:00 AM ET
A near-term continuation of exceptional collateral performance will persist into 2014 before receding in the latter half of the year. While lending standards are likely to loosen slightly, ֳ expects credit card ABS ratings to maintain the stability that has been the hallmark of the asset class over the past two decades.