KKR buys BMO’s $7B RV loan portfolio as banks shed debt
A group led by KKR & Co. has purchased a roughly $7.2 billion portfolio of recreational vehicle loans from Canada’s ...
Tag: Bank of Montreal
Lengthening Loan Terms a Concern for ‘Healthy’ Subprime ABS Market
PLANO, Texas — The growing popularity of loan terms over 60 months is a concern for the subprime auto securitization ...
Bank of Montreal Issues First-Ever Auto ABS
After 200 years in business, Bank of Montreal will issue its first-ever retail auto securitization, valued at more than $654 ...
Bank of Montreal Auto Chief Advocates for Shorter Loan Terms
This March will mark one year since Bank of Montreal (BMO) raised rates on longer-term loans, and Head of Retail ...
Judge in Condor Case Says Outside Counsel Has Conflicts with Wells Fargo
The judge in the Condor Capital Corp. case brought by the N.Y. State Department of Finance raised concerns that the law ...
