ABS loss ratio stays under 1% despite longer-term loans in GMF’s latest deal
GM Financial is bringing $1.3 billion in asset-backed securities backed by prime auto loan receivables...
Testing the resiliency of auto ABS
The auto asset-backed securities market continues to attract investors — even from overseas. While market...
Fewer loan modifications pushes up losses in Santander’s latest ABS deal
Santander Consumer USA's third asset-backed securitization of the year is bringing $1.2 billion auto loans...
Subprime loan losses decline in prime securitizations
Fresh data from DBRS shows that subprime loans securitized with mostly prime issuance outperform subprime...
Lengthening Loan Terms a Concern for ‘Healthy’ Subprime ABS Market
PLANO, Texas — The growing popularity of loan terms over 60 months is a concern...
Loan Losses Are Worse Than Expected at Two Subprime Auto Lenders
Recent subprime-auto bonds from Prestige Financial Corp. and Exeter Finance Corp. are performing worse than...
