Tag: subprime

Prime auto loan-backed securitization volume shot up 50.7% in 2023, to $77.2 billion, as 13 lenders entered or rejoined the ...

The Consumer Financial Protection Bureau continued to focus on the sale of ancillary products to consumers, fining Toyota Motor Credit ...

The rate of 60-day delinquencies on subprime asset-backed securities deals has consistently risen since April following an improvement at the ...

More auto finance accounts rolled into later-stage delinquency status by the end of the second quarter compared with a year ...

More consumers are prone to negative vehicle equity on used-vehicle loans on the heels of climbing loan-to-value ratios at the ...

Executives from subprime lenders Automotive Credit Corp., Flagship Credit Acceptance and Tricolor Auto will take part in a panel discussion ...

Three prime issuers are gearing up to enter the auto asset-backed securities market following Silicon Valley Bank-spurred market volatility that ...

American Car Center told employees the business was closing its doors, a day after it pulled a $222 million bond ...