Capital & Funding
Trump’s Treasury Secretary: Expanding Lending is ‘No. 1 Priority’
Via CNBC President-Elect Donald Trump has named Steven Mnuchin — a Hollywood producer, Wall Street investor, and former Goldman Sachs...
NY Fed Notes ‘Notable Deterioration’ in Subprime Auto Performance
There are “signs of distress for loans issued to subprime borrowers” in the auto space, according to an analysis of...
New ABS Reg Could Stall Issuance Through Yearend, S&P Says
A securitization rule implemented this month, which requires auto loan and lease securitizers to provide loan-level data, will likely drag...
Huntington Adds to ABS Pipeline Before 2016 Closes
Huntington Auto Finance issued its first -- and likely last -- securitization for the year on Friday. The 2016-1 trust...
Auto ABS Issuances Show “Stable” Decline, Deutsche Bank Says
Despite continued downturns in the market, researchers say they are “comfortable with the performance trends” of subprime auto ABS trusts...
GMF, Maven Expected to Drive 20% of Total Company Revenue by 2019
Maven customers experience smartphone and keyless integration with the vehicle. (Photo by John F. Martin for General Motors) General Motors...
‘Substantial’ Growth on the Horizon for ThunderRoad Financial
In April, ThunderRoad Financial LLC became the second powersports lender in the industry to issue a securitzation backed by prime...
Wells Fargo Auto Originations Down 2% YoY
Via Flickr Wells Fargo Dealer Services saw a 2% year-over-year drop in originations -- at $8.1 billion -- in the third quarter, compared with $8.3...
