S&P says Prestige’s halting of loan originations likely won’t affect ratings
Auto lender Prestige Financial Services’ decision to stop originations is not expected to negatively affect ratings across its securitization transactions, ...
Auto lender Prestige Financial Services’ decision to stop originations is not expected to negatively affect ratings across its securitization transactions, ...
Unpaid interest across six classes of notes in Tricolor Auto’s asset-backed securitization deal rated by S&P Global has prompted the agency to reinstate and lower its ...
Auto finance lenders, dealers and consumers facing affordability and credit performance challenges are proving resilient. This picture of resiliency prevailed ...
Porsche Financial Services‘ latest loan securitization was its smallest since the captive reentered the ABS market in 2023, yet the ...
Pagaya Technologies’ auto book grew in the third quarter as it secured more money to grow originations in a reflection ...
The growth rate of auto delinquencies slowed in the third quarter, while credit performance at banks may signal risk moving ...
Subprime auto securitizations are experiencing heightened stress and increased delinquencies, while transactions with large concentrations of loans to immigrant borrowers ...
Carvana’s originations jumped 58.8% year over year in the third quarter and the retailer extended and increased its forward-flow deal ...