Tag: auto ABS

The auto finance industry continues to face a tightened credit environment, worsening credit performance and recoveries, and shrinking subprime market ...

Securitized auto loan recoveries aren’t likely to improve in the coming months as used-vehicle values decline and repossession costs rise. ...

Prime auto loan-backed securitization volume shot up 50.7% in 2023, to $77.2 billion, as 13 lenders entered or rejoined the ...

Stricter federal tax credit requirements for electric vehicles have prompted price cuts, incentives, and dealer operation changes.   Fewer EVs qualify ...

Delinquencies and net losses in the prime and subprime auto asset-backed securities market continued to increase in September, while captive ...

Westlake Financial is looking to shore up its liquidity to prepare for additional growth in 2024 as others in the ...

An uptick in auto asset-backed securities issuance by small, newer subprime issuers in recent years contributed to an increase in ...

Delinquencies and net losses continued to climb across prime and nonprime securitized auto loans in September as spreads widened in ...