Now the New York Federal Reserve is taking a closer look at the market. In a blog published Wednesday on the New York Fed's Liberty Street Economics site, researchers highlighted the deteriorating performance of subprime auto loans and set off the alarm. "The worsening in the delinquency rate of subprime auto loans is pronounced, with a notable increase during the past few years," the report said. To be clear, the overall delinquency rate for auto loans is pretty stable, and the majority are performing well. There are, however, signs of stress in the subprime market segment, which has seen rapid...
http://www.businessinsider.com/auto-loan-delinquency-numbers-from-ny-fed-2016-11