Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
The cost of funds continues to remain historically low in the asset-back securities market, prompting Consumer Portfolio Services on June 30 to sell $50 million in 7.86% notes backed by residual interests. The notes, issued by CPS Auto Securitization Trust, are backed by residual interest retained from the lenders’ auto securitizations from January 2018 through […]
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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
