Consumer Portfolio Services has closed a private residual interest securitization worth $50 million. The auto lender sold asset-backed notes with a coupon rate of 8.75% that were secured by 80% interest in an affiliate that holds the interest of four CPS securitizations issued from January 2025 through October 2025. The transaction closed March 4, according to the company. The interest consists of: 80% of […]
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