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Pagaya Technologies issued its first auto asset-backed securitization deal of 2025 and plans to diversify its funding sources and drive auto origination growth this year. The AI-driven financier on Feb. 10 closed a $300 million auto asset-backed securitization (ABS) deal backed by subprime loans, according to a company release. The deal attracted 14 investors and […]
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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
