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Space Coast Credit Union eyes second auto ABS deal as originations rise 

CU share for near prime auto loans rose to 15.1% in March 

Amanda Harris

Space Coast Credit Union is planning to issue a second auto asset-backed securitization deal after growing originations and as year-to-date credit union issuance outpaced last year’s levels through early May.  The Melbourne, Fla.-based financier is looking to come to market with a second auto asset-backed securitization (ABS) deal in the back half of the year, up from its pace of one transaction per year, Gabriel Engman, executive vice […]

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