Floorplan lenders tweak securitization structures for ABS comeback
Loan- and lease-backed volume resumed in mid-April after the auto securitization market ground to a halt in March, but floorplan ...
Tag: Hyundai Capital America
US Bank builds out team, and more staff moves
Auto Finance News is pleased to present staffing shuffles within the industry for September. US Bank builds out team U.S. ...
Payment extensions decline for second-straight month
Payment extensions on auto loans securitized in the asset-backed securities market declined for the second straight month in June, according ...
Auto ABS: A look at the industry’s golden goose [Feature]
The auto asset-backed securities market has long been known for its resiliency. During the credit crisis, securitized pools of auto ...
June auto complaints dip at CFPB, but reflect coronavirus hardships
Complaints reported to the CFPB last month totaled 435, down from 442 during the same month in 2019, a drop ...
Leveraging Liquidity: Lenders brace for the coronavirus recession [Feature]
Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...
Can auto ABS weather the pandemic?
In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...
Cost of funds rise for HCA as access to capital shrinks
Hyundai Capital America’s lack of diverse funding sources could limit the captive’s financial flexibility as the cost for debt funding ...
