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APR 48 Mos.
Pagaya Technologies issued its fifth asset-backed securitization deal of the year, a subprime transaction, even as investor confidence in those auto assets may be weakening. The fintech’s $400 million subprime auto ABS deal closed Oct. 2. The AAA-rated deal is backed by loans originated by Ally Financial, Consumer Portfolio Services, First Investors Financial, […]
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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
