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Oregon Community Credit Union (OCCU) is set to issue its inaugural auto asset-backed securities (ABS) deal this month, marking the fourth credit union (CU) entrance to the market since the National Credit Union Administration authorized CUs to sell securities in 2017. The $275 million deal, which is backed by prime auto loan receivables, is expected […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
