Vehicle Sales
AFN Composite Index
+4.30%
Inventory Index
SOFR
APR 48 Mos.
Investor demand for floorplan paper is strong on better yields and as captives continue to drive auto asset-backed securitization issuance. Floorplan “gives investors a bit of spread pickup [versus] a typical prime auto deal,” Andrew Butville, senior director and ABS sector lead at MetLife Investment Management, told Auto Finance News. “It’s a slightly different risk […]
Already subscribed? Log in
Auto lenders are turning to the asset-backed securitization market to lock in capital ahead of potential late-year interest rate volatility...
Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...
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...
David Thompson
David Thompson
David Thompson
