Tag: subprime financing

Banks, credit unions and captive finance companies have tended to shy away from underwriting subprime auto loans, leaving that side ...

Certain servicers of subprime auto asset-backed securitization transactions are forgoing their fees and helping build credit enhancement as cumulative net ...

Declining subprime auto finance market share is contributing to a higher-quality credit mix industrywide and helping to offset rising defaults ...

Used-car retailer and lender Tricolor Holdings‘ originations and sales have consistently been on an upward trajectory despite affordability challenges plaguing ...

Delinquencies and losses rose across prime and nonprime securitized auto loan pools in July as declining used-car values and inflationary ...

Subprime auto asset-backed securitization issuances this week were characterized by fewer receivables in the collateralized loan pools and longer loan ...

Subprime auto lenders posted mixed second-quarter earnings last week as credit tightened amid ongoing interest rate increases. Credit Acceptance Corp. ...

High sticker prices combined with elevated interest rates have created a challenging market for auto lenders looking to keep operations ...