Capital & Funding
Auto Credit Quality ‘Trending the Wrong Way,’ JPMorgan Analyst Says
BOSTON -- There is cause for concern in the auto finance market, but ultimately no “bubble that’s going to burst,”...
Westlake’s Latest ABS Shows ‘Negative Shift,’ S&P Says
Westlake Financial Services is prepping its second securitization of the year, backed by $550 million of subprime auto loan receivables,...
Ally Focused on Center of the Credit Curve
Ally Financial Inc. is focused on its risk adjusted return in auto, according to Diane Morais, chief executive and president of Ally Bank....
Subprime Shows ‘Weakness,’ Liquidity a Concern, SC CFO Says
BOSTON -- Performance is starting to show “a little bit of weakness,” in the subprime auto space, Ismail "Izzy" Dawood,...
ThunderRoad: Securitization Process ‘Makes Better Business’
After issuing its first-ever asset-backed securitization in April, ThunderRoad Financial will look to issue a larger transaction next time, said...
DriverUp Eyes Securitization Market
DriverUp hopes to access the term securitization market in June, Co-Founder Sam Ellis told AFN last week. The company first hinted at...
Harley-Davidson Financial Issues $302 Million ABS
Harley-Davidson Financial Services has come to market for the first time this year with a $302 million securitization backed by...
Online Lending Suffers ‘Growing Pains,’ Not Subprime Bubble
Last Friday, LendingTree's CEO Doug Lebda and CNBC's Jim Cramer spoke on Mad Money about how the lending market is...
