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Several lenders that typically issue one auto asset-backed securitization deal per year came to market in the past week despite a dip in overall ABS issuance. Space Coast Credit Union (SCCU) issued a prime auto asset-backed securitization (ABS) deal worth $400 million on April 16, according to CreditFlow, which monitors securities. SCCU has issued one auto ABS deal every year since 2023, according to CreditFlow. The lender last issued a […]
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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
