Auto ABS Volume Closes In on $60B

• Marcie Belles
• June 5, 2019
• Capital Markets, Credit Performance

Year-to-date auto securitization volume hit $57.8 billion at the end of April, with prime loan...

Investment Research Firm to Buy Rating Agency DBRS

• Joey Pizzolato
• May 30, 2019
• Risk Management, Update

Investment research firm Morningstar Inc. will acquire credit rating agency DBRS for $669 million, according...

Loan Losses Are Worse Than Expected at Two Subprime Auto Lenders

• Bloomberg News
• May 2, 2019
• Capital Markets, Credit Performance

Recent subprime-auto bonds from Prestige Financial Corp. and Exeter Finance Corp. are performing worse than...

Losses on Track to Improve in Santander’s Latest Securitization

• Nicole Casperson
• January 11, 2019
• Capital Markets, Risk Management

Santander Consumer USA‘s first asset-backed securitization of the year is on track for lower losses...

Exeter Finance Files for IPO, Expects to Raise $100M

• Nicole Casperson
• January 10, 2019
• Capital Markets, Credit Performance

Subprime lender Exeter Finance Corp. filed for an initial public offering to gain a larger...

Exeter Improves Portfolio Performance With Stricter Underwriting

• William Hoffman
• July 23, 2018
• Earnings

Exeter Finance LLC managed to lower delinquencies and charge-offs in its portfolio by implementing “tighter...

MyAutoLoan.com Seeks Growth Via Veteran Execs

• William Hoffman
• May 29, 2018
• Risk Management

Two subprime auto finance veterans have taken an undisclosed equity stake in Horizon Digital Financial...

5 Private-Equity Trends to Watch in 2018

• William Hoffman
• February 1, 2018
• Capital Markets, Features, Innovation & Technology

In the recovery period following the great recession there was a surge of private-equity investment...