CPS grows originations despite ‘exceedingly competitive’ market, CEO says
Consumer Portfolio Services' originations increased 16.5% in the second quarter, to $250.1 million, despite the fact that the industry is ...
Consumer Portfolio Services' originations increased 16.5% in the second quarter, to $250.1 million, despite the fact that the industry is ...
China’s asset-backed securities market is a growing funding source for auto lenders, as issuance has topped $4.5 billion (RMB31.2 billion) ...
Although Exeter Finance’s portfolio has grown 19% through midyear, the portion of originations stemming from CarMax dealerships has remained steady, ...
As vehicles idle on dealers’ lots, auto lenders face slower repayment of their floorplan loans. Nissan Motor Acceptance Corp., for ...
Year-to-date auto securitization volume hit $57.8 billion at the end of April, with prime loan issuance accounting for the lion’s ...
Ally Financial is bringing $1.12 billion in asset-backed securities to market in a deal that’s expected to close June 11, ...
© Can Stock Photo / solarseven Moody's Investor Service bumped up cumulative net loss expectations 1% in Exeter Finance’s most recent ...
Despite less loan seasoning in Consumer Portfolio Services’ first securitization of the year, the transaction's expected loss rate is unchanged ...