ABS loss ratio stays under 1% despite longer-term loans in GMF’s latest deal
GM Financial is bringing $1.3 billion in asset-backed securities backed by prime auto loan receivables to market, according to a ...
Tag: auto ABS
ABS credit to improve, despite recent fall off, rating agency says
Poorly performing loans from 2015 and 2016 are bogging down the November index of auto loan ABS credit performance, according ...
Weakening credit quality to bog down auto ABS in 2020
Loan quality within auto securitizations is expected to weaken, driven by higher delinquencies and a potential economic slowdown, according to ...
E-contracts pose risk in auto ABS, Moody’s says
An increase of e-contracts to originate auto loans and leases has created a new source of legal and operational risk ...
Auto ABS volume surpasses 2018 levels
Auto asset-backed securitization volumes have already outpaced 2018’s yearend levels, according to data from JPMorgan Securities. Auto ABS volume hit ...
Testing the resiliency of auto ABS
The auto asset-backed securities market continues to attract investors — even from overseas. While market headwinds brought on by lengthening ...
Santander debuts $1.3B revolving ABS
Santander Consumer USA is bringing $1.3 billion worth of nonprime loans to market with the debut of its revolving asset-backed ...
Residual value uncertainty bogs down Tesla lease ABS
Tesla Finance brought $940 million to market with its first securitization of the year backed by retail auto lease contracts, ...
