Fewer loan modifications pushes up losses in Santander’s latest ABS deal
Santander Consumer USA's third asset-backed securitization of the year is bringing $1.2 billion auto loans to market in a deal ...
Santander Consumer USA's third asset-backed securitization of the year is bringing $1.2 billion auto loans to market in a deal ...
PLANO, Texas — The growing popularity of loan terms over 60 months is a concern for the subprime auto securitization ...
© Can Stock Photo / happyalex Recent subprime-auto bonds from Prestige Financial Corp. and Exeter Finance Corp. are performing worse ...
© Can Stock Photo / Angelstorm Inclusion of charge-offs when calculating 90-day delinquencies may spell the difference between the 4.47% ...
From the expansion of mobility services to technology enhancements and continued depreciation of used-car values, a lot has been stirring ...
Although delinquencies benefited from tax refund season, according to S&P Global’s March U.S. Auto Loan ABS Tracker, 60-day subprime delinquencies ...
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, ...
Spurred by extending loan terms, a record-number of consumers — 31% — turned in cars with negative equity in 2016, ...