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Kroll Bond Rating Agency downgraded ratings on dozens of classes of notes across Tricolor Auto’s asset-backed securitization deals after interest payments went unpaid for months. KBRA rated seven of Tricolor’s auto ABS deals, including its $217 million transaction issued in June, according to the report. Tricolor’s other deals were rated by Moody’s Ratings and S&P […]
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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
