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Santander Consumer USA is bringing $480.8 million of subprime auto loans to the asset-backed securitization market in a deal expected to close May 29, according to an S&P Global Ratings presale report. This is the first issuance under the lender’s Santander Consumer Auto Receivables Trust (SCART) ABS collateralized by a pool of retail installment sale […]
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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
