Used Car Dealerships Accused of Fraud, According to Reports
Federal and state authorities, including prosecutors in Alabama, New York, and Texas, are looking at used car dealerships that finance...
TFS Takes Another Step Toward a Better World
Toyota Financial Services issued a $350 million bond this past week in which the lead underwriters were minority- and or...
HCA Will Use Floor-Plan Financing for New ABS Issuance
Two of the industry’s largest auto finance captives will continue to drive company growth by tapping the ABS markets, according to company...
S&P: Credit Enhancements Reflect Weaker Credit Quality
Standard & Poor’s said in a September 24 report that as subprime lending has increased, credit quality has weakened and...
ABS Players Eye Rising Used Inventory
As trade-ins increase and leased cars get returned, auto companies' finance arms will play a crucial role in just how...
Moody’s Analysts: Where Auto ABS Is Heading
It's Day Two at the ABS East Conference in Miami Beach and, while walking to a panel about new regulatory...
Ally brings $1.5 Billion ABS Pool To Market
Ally Financial Inc. is bringing $1.52 billion in asset-backed securities to market in a deal that’s expected to close Sept. 25. The...
Exeter Aims at Reducing Risk, Grows Funding
Exeter Finance Corp., the subprime auto lender, said Friday it increased its available lending capacity by $575 million to $1.65...
