Tag: auto ABS

Sixty-plus-day delinquencies reached the highest July level since at least 2011 as losses across prime and nonprime securitized auto loans ...

The exit or pullback of companies in the asset-backed lending market raises the question of where finance companies will secure ...

CarMax Auto Finance plans to split its auto asset-backed securitizations between prime and nonprime offerings after issuing its first non–prime ...

Credit performance across prime and nonprime securitized auto loan pools continued to weaken in June, driven by seasonal consumer spending ...

Ford Credit expects to issue upward of $33 billion in public funding volume in 2024 and to increase its auto ...

S&P Global has again lowered its ratings on a 2022 Flagship Credit Acceptance auto securities transaction as loss expectations rise ...

Following multiple cyberattacks, CDK Global expects its dealer operations platform to be fully functional this week, which would limit potential ...

CarMax Auto Finance issued its first nonprime auto asset-backed securitization transaction June 18 on the heels of subprime issuances making ...