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Consumer Portfolio Services (CPS) tied the knot on its first asset-backed securitization of 2022, a $316.8 million deal backed by subprime auto finance receivables. The deal, which utilizes a pre-funding structure, sold around $217.8 million in receivables at its inception. CPS plans to sell an additional $112.2 million of receivables this month and will use […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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David Thompson
David Thompson
David Thompson
