Tag: S&P Global Ratings

DALLAS -- S&P Global Ratings sees little historical evidence of distress in the auto securitization market and is projecting modest growth this ...

Subprime 60-plus-day delinquencies declined to 4.28% in February, compared with 5.09% in January, according to S&P Global. Year over year, however, ...

Prime and subprime auto loss rates will rise above 1% and 6%, respectively, within the next six years, S&P Global ...

Westlake Financial Services increased its portfolio to $3.59 billion, as of January 2017, a 23% year-over-year rise from $2.92 billion at the ...

The Federal Trade Commission issued a civil investigative demand to Westlake Financial Services in November, seeking information about the use ...

Spurred by extending loan terms, a record-number of consumers -- 31% -- turned in cars with negative equity in 2016, ...

Charge-offs are growing at a slower pace than delinquencies, most likely because of a change in repossession policy, said Amy ...

S&P Global Ratings ran the auto finance industry through five historical stress scenarios and found that both prime and subprime ...