Vehicle Sales
AFN Composite Index
+4.30%
Inventory Index
SOFR
APR 48 Mos.
Good investor appetite and lower costs drove multiple financiers to issue auto asset-backed securitization deals in September. Auto asset-backed securitization (ABS) “spreads have been pretty tight,” Andrew Butville, senior director and ABS sector lead at MetLife Investment Management, told Auto Finance News. “It’s a great time to be an issuer.” Spreads on AAA-rated […]
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Auto lenders are turning to the asset-backed securitization market to lock in capital ahead of potential late-year interest rate volatility...
Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...
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...
David Thompson
David Thompson
David Thompson
