Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Subprime auto asset-backed securitization issuances this week were characterized by fewer receivables in the collateralized loan pools and longer loan terms as subprime market share declines and affordability concerns remain. Credit Acceptance Corp. (CAC) priced a $400 million asset-backed securitization (ABS) transaction backed by subprime auto loans on Tuesday, according to Finsight, which monitors securities. […]
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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
