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Pagaya Technologies closed a $750 million auto asset-backed securitization, its fourth pre-funded issuance of 2026 and largest to date. Forty-one unique investors participated in the transaction, the most for Pagaya’s auto program, Robert McDonald, managing director and head of credit solutions at the AI-enabled fintech, told Auto Finance News. Six investors participating in the transaction that […]
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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
