Securitized prime auto net losses rise
Performance across prime auto loan asset-backed securities remained stable year over year in July, while nonprime performance weakened. The prime annualized net ...
Performance across prime auto loan asset-backed securities remained stable year over year in July, while nonprime performance weakened. The prime annualized net ...
The auto asset-backed securitization market picked back up this month after a short slowdown in issuance in late July. Several ...
Nonprime auto lender FinBe USA this week entered into a subservicing agreement with Westlake Portfolio Management for notes under its sole asset-backed securitization transaction. FinBe issued the ...
GM Financial expects its public debt issuance will decline year over year in 2026, though captive finance companies kept a strong securitization pace through June. GM Financial expects $10 billion ...
Pagaya Technologies closed a $750 million auto asset-backed securitization, its fourth pre-funded issuance of 2026 and largest to date. Forty-one ...
Net losses improved on a sequential basis across securitized prime and nonprime auto loans in May but grew year over ...
Losses across securitized auto loans rose year over year in March but improved on a month-to-month basis as borrowers received tax refunds. The annualized net loss (ANL) rate ...
Securitized auto loan delinquencies improved month over month in February as consumers received tax refunds, but levels remained elevated from ...