Tag: Wedbush Securities

Carvana’s $1 billion debt swap is poised to offer the embattled retailer additional capital runway but does little to solve ...

Carvana today priced its first auto asset-backed securitization transaction since August 2022 — a $363.2 million transaction backed by prime ...

Carvana Co. plunged on Wednesday as Wall Street’s pessimism spread on its shares after the online car dealer’s largest creditors ...

Financing volume at Carvana dropped for the sixth straight month in October as rising interest rates, record inflation and high ...

Via TCF Bank Although TCF Bank was reticent to admit there were credit performance problems in its auto portfolio, the ...

Via Wikimedia Commons The announcement this week that TCF Bank will shutter its indirect auto finance unit, Gateway One Lending ...

Delinquencies and losses continue to climb across the industry, and while many lenders are pulling back their volume of originations, ...

About five or six years ago, the lending opportunity in the powersports market was wide open. As the industry recovered ...