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Subprime bonds backed by Flagship Credit Acceptance LLC and CarFinance Capital LLC loans have been placed on negative outlook due to their worse-than-expected performance, ratings firm S&P Global Ratings said in a note. Note performance of six different subprime issuances from the Flagship Credit Auto Trust are trending below initial expectations, Matthew Monaco, a credit […]
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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
