Toyota Serves Up $1.3 Billion Securitization

Approximately 43% of Toyota Motor Credit Corp.’s loan pool balance in its latest securitization have an original term of 60 months or more — the highest percentage over three previous issuances, according to a presale report by Moody’s Investors Service. The percentage is higher than the 39%, 35%, and 31% rates in the pools backing […]
  • Huixin Deng
  • July 31, 2017

The Cost of Compliance [SPONSORED]

Since July 2010, the Consumer Financial Protection Bureau has made significant waves in the auto finance space. In 2013, they issued their bulletin titled “Indirect Auto Lending and Compliance with the Equal Opportunity Act” stating that they would regulate lenders on unanticipated discriminatory practices. With very little guidance on how to be compliant, lenders and […]
  • EFG Companies
  • February 9, 2017