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Kroll Bond Rating Agency is eyeing a potential uptick in losses across subprime auto lender First Help Financial’s securitization transactions as loan performance worsens. KBRA placed seven classes of notes issued from four First Help Financial (FHF) auto asset-backed securitization deals on Watch Downgrade because of “deterioration in collateral credit performance,” according to an Oct. […]
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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
