Prime auto loan-backed securitization volume shot up 50.7% in 2023, to $77.2 billion, as 13 lenders entered or rejoined the ABS fray. Banks and credit unions doubled their prime ABS contributions in 2023. Seven banks combined to securitize $13.5 billion of ABS volume, compared with four banks issuing $7.2 billion worth of transactions in 2022, […]
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