Lenders inject $4B into auto ABS market
Volume ramped up in auto asset-backed securitization market this week after nearly a month of no issuer activity, with four ...
Tag: auto ABS
The Impact of COVID-19 on U.S. Auto-Related ABS
Ratings and credit performance Findings from S&P’s loan-level analysis of COVID-19-related extensions Recent changes in credit enhancement levels and collateral ...
Capital markets and funding trends leading into 2021
How has the securitization market changed since the pandemic? An update on spreads and access to funds Trends in overcollateralization, ...
Loan extensions fall in May after April spike
Auto loan extensions are gravitating back toward pre-pandemic rates, dropping by an average of 55% in May for each of ...
Cost of funds rises in ABS market amid uncertainty
Five prime and subprime auto lenders brought $5.1 billion of asset-backed securities to market this week, marking one of the ...
Tricolor’s 2018 ABS vintages upgraded amid COVID-19
All three tranches of Tricolor Auto Acceptance’s 2018-2 vintages were upgraded as a result of increased credit enhancement, according to ...
Hertz says survival tied to reducing fleet to fit new normal
Hertz Corp. will sell as many of its rental cars as possible while in bankruptcy to bring its huge fleet ...
Hertz creditor talks reach impasse ahead of Friday deadline
Hertz Global Holdings Inc. has been at loggerheads with a key group of creditors with time running out to cut ...
