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Tricolor Auto ABS ratings at risk of downgrade amid bankruptcy

Kroll Bond Rating Agency and Moody’s Ratings have put their ratings on downgrade watch for Tricolor Auto Acceptance’s securitization transactions in the wake of the lender’s bankruptcy filing on Sept. 10.  KBRA on Sept. 10 placed all 34 of its outstanding ratings across seven Tricolor Auto asset-backed securitization (ABS) deals on “Watch Downgrade,” according to a […]