Listen: Weekly Wrap discussion on powersports lenders’ expansion
Last week, RumbleOn and Octane Lending sought to increase the reach of their powersports financing products as another auto lender...
Moody’s: Evolving EV technology highlights potential risk in auto ABS
Residual value data gathered from Hertz’s future auto asset-backed securitizations (ABS) that include a larger share of electric vehicles (EV) are poised...
Hyundai Capital ABS deal the first to include floating rate indexed to SOFR
Hyundai Capital America’s (HCA) third auto loan asset-backed securities (ABS) deal is the first S&P Global-rated public auto loan ABS...
Lucid Motors pads liquidity as car reservations roll in
Lucid Motors is flush with capital on the heels of its SPAC offering as reservations for its Air model continue...
Listen: Weekly Wrap discussion of automation and AI dividends in Q3 earnings
Third-quarter earnings wrapped up last week with a few stragglers — such as Lucid Motors and RumbleOn — to follow...
Octane Lending issues second ABS deal of year, largest to date
Octane Lending this week entered into the asset-backed securities market for the second time in 2021 with a $340 million...
Open Lending logs 138% YoY jump in certified loans, increased refi penetration
Automation fintech Open Lending posted year-over-year increases in its certified loans despite industry headwinds as refinance volume grew and more credit...
Carvana origination volume jumps 116% YoY as it pads inventory
Online used-car retailer Carvana has propped up its origination volume as it works to combat industrywide inventory challenges by tweaking...
