American Credit Acceptance names new CEO and COO, and other staff moves
American Credit Acceptance names Bynum CEO Subprime automotive lender American Credit Acceptance promoted Jason Bynum to chief executive and Tori ...
Tag: American Credit Acceptance Corp.
Lenders eye 2021 expansion with new hires
The auto finance sector is on track for growth in 2021, if job listings are any indication. In fact, Auto ...
How subprime lenders face the coronavirus economy
What a difference a few months make. Last year, subprime lenders outpaced banks, captives and credit unions at a rate ...
Weekly Wrap: COVID-19 pressures used market, ABS deals [Video]
This week, the potential bankruptcy news of rental car conglomerate Hertz shook the industry as the liquidation of its fleet, ...
American Credit Acceptance faces pressure in ABS deal
American Credit Acceptance’s latest subprime asset-backed securitization provides a glimpse into the pricing pressure lenders face when leveraging capital markets ...
Can auto ABS weather the pandemic?
In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...
Ford, Toyota, Cap One inject $4.6B into ABS market
Auto asset-backed securities volume is growing this year, with volumes outpacing last February’s levels to reach $22 billion, a near ...
CarMax, Mercedes-Benz, Toyota drive up ABS volume
Auto asset-backed securities volume has already outpaced last January's levels, reaching $5.8 billion as of Jan. 17, a 9.4% increase ...
