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New auto asset-backed securitization issuers are contributing to an uptick in delinquencies, despite seasonal improvements. “A lot of these first-time entrants into the market over the last couple of years have changed the portfolio mix, and so that is partly driving up losses,” Brian Ford, managing director of structured finance research at Kroll Bond Ratings Agency, told Auto Finance […]
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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
