Santander’s $1.5 Billion ABS Includes New Underwriting Exceptions
Santander Consumer USA's latest securitization of deep-subprime auto loans is the first ABS to include originations under the lender's new ...
Tag: Moody’s Investors Service
Bank of the West Issues First Auto ABS Since 2015
Bank of the West closed its first auto asset-backed-securitization since 2015 last week, a $750 million transaction backed by prime retail ...
Analysts Predict Higher Delinquencies in Auto ABS in Wake of Hurricanes
While Hurricanes Harvey and Irma will likely have minimal effect on the credit quality of U.S. corporate issuers, auto asset-backed securities transactions ...
Truck-Dense Portfolios Face Heightened Loss Severity as Values Decline
MIAMI -- Truck loans and leases could impact recovery losses for lenders if those assets depreciate rapidly, John Bella, a ...
GM Financial Increases Credit Quality in Latest Securitization
GM Financial's booth from NADA Convention & Expo 2017. (Photo by William Hoffman) Credit quality in General Motors Financial Co. ...
6 Auto Securitization Trends From ABS East
When assessing the strength of the auto finance industry, it’s often helpful to separate actual performance from the ratings on ...
USAA Continues to Drop APR, Latest ABS Shows
Via Flickr USAA Federal Saving Bank released its first prime retail issuance of 2017 last week with weighted average APR ...
GM Financial Grows Dealer Base 17% in Latest ABS
GM Financial displays its logo at its NADA Convention & Expo booth. (Photo by William Hoffman) The size of General ...
