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02.12.2013 22:06:00
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Moody's: Stable esoteric ABS outlook reflects improving economy and idiosyncratic factors
New York, December 02, 2013 -- The gradually improving US and global economy will generally boost collateral performance of asset classes backing US commercial and esoteric (C&E) asset-backed securities (ABS) in 2014, although real estate values, technological obsolescence and idiosyncratic factors will also drive credit performance of C&E sectors, according to a new report from Moody's Investors Service covering 15 asset classes, "2014 Outlook - US Commercial & Esoteric ABS."
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