Capital & Funding
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...
BREAKING: GO Financial to Shut Down Tomorrow
By Diana Asatryan & Larissa Padden GO Financial will shut down operations tomorrow, Auto Finance News has learned. “GO is...
FCA’s $350MM Securitization Shows ‘Structural Changes’
Flagship Credit Acceptance LLC (FCA) is preparing an asset-backed securitization worth $350 million in a transaction set to close on...
Marketplace Lending Needs a Secondary Market
Marketplace lending needs more rated securitizations and access to a secondary market in order to evolve into a full-fledge asset...
Reprieve for Subprime Auto ABS Delinquencies ‘Short-Lived,’ Fitch Says
Deliquencies for U.S. Subprime Auto ABS fell last month, after hitting a 20-year high in February, according to the latest...
CPS Adds $332.7 Million to the Securitization Pipeline
Consumer Portfolio Services (CPS) is preparing a securitization deal worth $332.7 million backed by subprime auto loan receivables, according to...
Ford Credit Issues $1.3 Billion Securitization
Ford Motor Credit Co. LLC is heating up the securitization pipeline with a $1.3 billion offering backed by prime auto...
It’s Time for Marketplace Lending to Evolve, Prosper President Says
SAN FRANCISCO -- The marketplace lending industry is no longer an alternative financial industry, Ron Suber, president of Prosper Marketplace,...
