Direct loans and APR prop up Flagship ABS
Flagship Credit Acceptance’s July 23 securitization, which funneled $213 million into the ABS market, saw a rise in the APR ...
Tag: S&P Global
Chase Auto originations trough and peak in Q2
Chase Auto’s originations plummeted early in the second quarter to levels not seen since the Great Recession before rallying to ...
Can auto ABS weather the pandemic?
In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...
Cost of funds rise for HCA as access to capital shrinks
Hyundai Capital America’s lack of diverse funding sources could limit the captive’s financial flexibility as the cost for debt funding ...
Prime issuers inject $3.6B into ABS market
The auto asset-backed securities market has seen a revival in the last week after nearly a month of no new ...
Access to funds dampened by coronavirus unease
Nonbank auto lenders, such as captives and independent financiers, will likely find it harder to secure additional liquidity from capital ...
Coronavirus casts uncertain shadow over auto finance
Though interruptions in vehicle production are coursing through the global auto market, the U.S. auto finance scene will likely be ...
Short sellers back off Jaguar Land Rover bonds as rebound begins
Short sellers are easing off Jaguar Land Rover Automotive Plc as the luxury carmaker shows signs of a turnaround. Bets ...
