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A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are not pushing marine paper out to investors through asset-backed securitization (ABS) deals, Michael Opdahl, president and chief executive of powersports lender Source One Financial Services, said at the Powersports Finance Summit 2026 on Sept. 17. “They’re buying to hold, as do the credit unions,” he […]
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David Thompson
David Thompson
David Thompson
