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Consumer Portfolio Services eyes prime growth following $900M injection 

Securitization debt drove interest expense up 12.9%

Truth Headlam

Consumer Portfolio Services plans to grow its prime lending program in 2026 after securing a $900 million forward-flow agreement.  The expansion is a part of a rebrand to a full-spectrum lender and will result in a gradual ramp-up in prime originations, President, Chief Operating Officer and Chief Legal Officer Mike Lavin said in the company’s March 11 earnings call, noting that CPS has been “a subprime lender for 35 […]

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