Capital & Funding
Veritas Auto to Tap Auto ABS Market
Veritas Auto Finance LLC, a specialty finance company, is look-ing to enter the securitization market. The news comes in the...
65 Years Is Long Enough
It is time for change to come to auto finance. Last month, Ralph Babb, CEO of Comerica, a super-regional bank...
Santander Adds to Deep Subprime Pipeline
Santander Consumer USA (SC) came to market with its first securitization transaction for the year, a $752.2 million offering backed...
Dueling Press Releases: Hedge Fund Parries Ally Statement
Hedge fund Lion Point Capital has responded to a press release issued earlier this week by Ally Financial, in which...
Ally Turns Down Hedge Fund Demand, May Face ‘Proxy Contest’
Ally Financial turned down a demand from a hedge fund, Lion Point Capital, which wants Detroit-based Ally to form a...
VIDEO: Prime Auto ABS Still a Safe Bet in 2016
There is still value in “higher quality” auto loan securitizations for investors looking into 2016, Jeff Klingelhofer, portfolio manager and...
CACC Buoys Portfolio of Public Auto Finance Companies in 2015
A portfolio of publicly traded auto finance companies has generated a strong return in 2015, although much of that seems...
Look Beyond the First Rate Hike, Wells Economist Cautions
Lenders should prep for gradual interest rate hikes through 2016, Sarah House, vice president and economist at Wells Fargo Securities, told...
