Auto lenders were busy in the asset-backed securitization market this week, especially in the nonprime credit tier, according to presale reports issued by S&P Global and Moody’s Investors Service. Veros Credit, for one, issued its third ever asset-backed securitization this week, a $247 million issuance backed by nonprime loans, according to Moody’s. First Investors Financial Services also issued […]
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