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AFN Composite Index
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Citizens Financial Group is gearing up to issue the industry’s first prime auto asset-backed securities transaction of the year following the bank’s exit from auto lending in June, with multiple lenders also planning to issue subprime deals this month. Citizens’ $750 million asset-backed securitization (ABS) transaction backed by prime auto loans is expected to close […]
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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
