Auto Finance News
  • Home
  • News
  • AI Tool
  • Big Wheels Data
  • Events
    • Auto Finance Summit
    • Auto Finance Summit East
    • Auto Finance Capital Summit (NEW)
    • PowerSports Finance Summit
    • Current Webinars
    • Webinar Library
    • Equipment Finance Connect
  • Podcast
  • Features
  • Powersports
  • Subscribe
No Result
View All Result
  • Login
Auto Finance News
  • Home
  • News
  • AI Tool
  • Big Wheels Data
  • Events
    • Auto Finance Summit
    • Auto Finance Summit East
    • Auto Finance Capital Summit (NEW)
    • PowerSports Finance Summit
    • Current Webinars
    • Webinar Library
    • Equipment Finance Connect
  • Podcast
  • Features
  • Powersports
  • Subscribe
  • Login
No Result
View All Result
Auto Finance News
No Result
View All Result

Home » 2 subprime securitizations at risk of default

2 subprime securitizations at risk of default

The principal losses would be the first ever for an automotive securitization, and could shake ABS investors

Joey PizzolatobyJoey Pizzolato
May 18, 2023
in Risk Management
Reading Time: 3 mins read
1
Used vehicles for sale at a dealership

Photographer: David Paul Morris/Bloomberg

NASHVILLE, Tenn. — Two securities backed by subprime automotive loans are at risk of posting principal losses in what would mark a first-ever default of an auto asset-backed securitization.  The deals, issued by American Car Center and U.S. Auto Sales and rated by Kroll Bond Rating Agency (KBRA) and Moody’s Investors Service, respectively, have not […]

AFN V1 (1)

Already subscribed? Log in

Tags: AFS EastAmerican Car Centerauto ABSDeutsche BankKBRAMoody’s Investors ServicePremiumus auto salesWestlake Portfolio Managementwilmington trust
Previous Post

Capture rates drop amid credit degradation at Automotive Credit

Next Post

US households show signs of stress as new delinquencies rise

Related Posts

A Tricolor Auto dealership. Photographer: Julie Fine/Bloomberg
Risk Management

Tricolor owes Texas $4M in sales taxes

January 5, 2026
A Tricolor dealership in Houston. Photographer: Mark Felix/Bloomberg
Risk Management

Editor’s choice: The top 5 Tricolor stories from 2025

December 31, 2025
Lenders, dealers split on 2026 outlook in challenging market 
Features

Lenders, dealers split on 2026 outlook in challenging market 

December 24, 2025
Auto Finance News visited a Tricolor dealership in Houston, Texas.
Risk Management

Tricolor execs looked to AI for answers, found Enron

December 23, 2025
Next Post
An employee prepares to tear off a receipt from a payment terminal at a supermarket

US households show signs of stress as new delinquencies rise

Stay Informed with Our Newsletters

PowerSports Finance - Monthly coverage of the powersports lending market

The Roadmap Podcast

ABOUT US

HELP CENTER

ADVERTISE

PRIVACY TERMS

ADA COMPLIANCE

CODE OF JOURNALISM ETHICS

[wt_cli_manage_consent]

EXECUTIVES OF THE YEAR

AUTO FINANCE EXCELLENCE AWARDS

MAGAZINE ARCHIVE

INDUSTRY GLOSSARY

facebook linkedin twitter podcast podcast

© 2025 Royal Media Group

Ok

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • All News
    • Capital & Funding
    • EVs
    • Technology
    • Management
    • Powersports Finance News
    • Risk Management
    • Sales & Marketing
  • Events
    • Auto Finance Summit East
    • Equipment Finance Connect
    • Auto Finance Summit
    • PowerSports Finance Summit
  • Features
    • Latest Issue
    • Features
    • New Tracks
    • Car Culture
    • Staffing Shuffles
    • Under The Hood
    • Spotlight
    • Issue Archive
  • Podcast
  • Big Wheels Data
  • SUBSCRIBE
  • Log In / Account

© 2025 Royal Media Group