China’s auto ABS market tops $4.5B on heels of Geely deal
China’s asset-backed securities market is a growing funding source for auto lenders, as issuance has topped $4.5 billion (RMB31.2 billion) ...
Tag: auto ABS
Longer-term loans weigh down USAA securitization
Nearly two-thirds of the loans in USAA’s first asset-backed securitization of the year have terms longer than 60 months — a first ...
Subprime loan losses decline in prime securitizations
Fresh data from DBRS shows that subprime loans securitized with mostly prime issuance outperform subprime loans in mostly subprime securitizations, ...
Auto ABS heats up with $4.7B of issuance
A handful of prime and subprime securitizers pumped up ABS volume this week, bringing $4.7 billion of loans and leases ...
Japanese auto lender heats up ABS market with $468m issuance
Japanese auto financier Orient Corp. (Orico) is bringing $467.6 million of asset-backed securities to market in a deal that’s expected ...
Extended-Term Contracts Lower Credit Quality in Bank of the West Securitization
Extended-term contracts, an increased loan-to-value ratio, and a rise in the number of loans with lower Fico scores are responsible ...
Carvana Hits ABS Market With Second Transaction
Carvana is bringing $337.3 million in asset-backed securities to market in a deal that’s expected to close June 27, according ...
Longer Terms, Revolving Period Are Risk Factor in Toyota’s Latest $1B ABS Deal
Toyota Motor Credit Corp. is bringing $1.13 billion in asset-backed securities to market in the captive's first extended-loan securitization, which ...
