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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