Nonprime net losses, delinquencies rise YoY across securitized loans
Net losses remained steady on a sequential and annual basis across securitized prime auto loans in June, though nonprime losses ...
Net losses remained steady on a sequential and annual basis across securitized prime auto loans in June, though nonprime losses ...
Pagaya Technologies closed a $750 million auto asset-backed securitization, its fourth pre-funded issuance of 2026 and largest to date. Forty-one ...
Jason Person, chief financial officer at SAFCO since July 2023, has been named the lender’s president. Prior to joining SAFCO, Person was vice ...
AI-based fintech Upstart issued its third asset-backed securitization deal of the year as originations rose in June on the heels of ...
Stable consumer confidence kept U.S. auto sales on track through the first half of 2026, but auto economists are weighing several factors that could affect that pace. U.S. vehicle sales are running in line with Fitch ...
Auto asset-backed securitization spreads did not change materially through early July, while the ABS market remained stable with solid demand year over year. Spreads on ...
The risk from packaging more auto loans with terms of 72, 84 or 96 months into auto asset-backed securitization deals ...
Car buyers are facing a tough market as rising insurance costs add to vehicle ownership expenses and lenders are mindful of high loan-to-value ...