Delinquencies, losses climb across securitized auto loans
Delinquencies and net losses were higher year over year in March across securitized prime and nonprime auto loans, while issuance ...
Tag: asset backed securities
Octane reaches $150M whole loan deal with Nuveen
Powersports lender Octane Lending has broadened its pool of capital providers through a whole loan sale with Nuveen, the investment ...
Octane preps for more growth after $326M securitization issuance
Powersports lender Octane closed a $326 million issuance in the asset-backed securitization market this week as the company preps for ...
Octane anticipates $1.5B in originations in 2024
Powersports lender Octane Lending is projecting a 25% year-over-year increase in originations in 2024 after originations were flat YoY at ...
Under the Hood: Prime lenders propel 50% boost in 2023 ABS volume
Prime auto loan-backed securitization volume shot up 50.7% in 2023, to $77.2 billion, as 13 lenders entered or rejoined the ...
KKR scoops up auto loan portfolio as regional banks shed assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial Corp., as ...
HyreCar closes $100M revolving warehouse line
Car-sharing service HyreCar has closed a $100 million revolving asset-backed warehouse facility with Credit Suisse in the first step of ...
Royal Media, Trnsact launch equipment finance ‘matchmaking’ event
Royal Media, a leading global information provider and the publisher of Auto Finance News, has partnered with Trnsact, a top ...
