Weaker Credit Quality Spurs Higher Loss Forecast for Exeter Securitization
© Can Stock Photo / solarseven Moody's Investor Service bumped up cumulative net loss expectations 1% in Exeter Finance’s most recent ...
Tag: Moody’s Investors Service
Tesla Issues Second-Ever Lease Securitization Despite Previous Downgrade
Tesla Model 3 (via Tesla press kit) Tesla Inc. is slated to issue its second-ever U.S. auto securitization on Dec. ...
Ford Motor Credit Issues Second $1B Auto ABS Transaction
Via Ford Ford Motor Credit issued its second auto loan ABS transaction of the year with a $1.05 billion pool, ...
Residual Values Are Risk Factor in BMW Financial’s First Auto Lease ABS of 2018
BMW Financial Services of North America issued its first U.S. auto lease ABS of 2018 backed by a pool of ...
Credit Acceptance Extends Revolving Period of Warehouse Facility
Credit Acceptance Corp. headquarters in Southfield, Mich. Credit Acceptance Corp. (CAC) announced on Thursday that it extended the revolving period ...
Negative Equity Risk Rises in Canada as Terms Lengthen, Refinancing Quickens
© Can Stock Photo / jpldesigns Long loan terms and more frequent refinancing have led to an increase in Canadian ...
Senate Bill Gives Banks ‘Wiggle Room’ for Nonprime Lending, Economist Says
© Can Stock Photo / Gautier A bipartisan financial reform bill making its way through the Senate this week could ...
Consumer Preferences May Pose ‘Prominent Threat’ to Residuals, Moody’s Says
© Can Stock Photo / mtoome Changing consumer preferences and new electric vehicle technology bear "prominent threats" for auto finance, ...
