Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Consumer Portfolio Services has closed its first asset-backed securitization deal of the year, a $324.8 million transaction backed by subprime auto receivables. The deal has a weighted average coupon of 6.82% and closed Jan. 25, according to a company release. The 2023-A transaction has overcollateralization of 10.5% and an initial credit enhancement consisting of […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
