Hyundai Raises Credit Quality in Latest Securitization
Hyundai Capital America increased the credit quality in its latest securitization, resulting in the highest weighted average Fico score of ...
Tag: Moody’s Investors Service
Gateway One Reins In Securitization Program for ‘Predictable’ Profits, President Says
Gateway One Lending & Finance has scaled back its securitization program, as it looks to bolster loan quality and secure ...
VW Credit’s ABS Trusts Buoyed by Emissions Scandal Settlement
The $1.2 billion Volkswagen AG settlement approved by a U.S. federal court – to be issued to VW dealers in ...
Rising Auto Delinquencies Overtake 2016’s Top Subprime Headlines
Subprime lender Santander Consumer USA continued to dominate the headlines in 2016, with new deep subprime securitizations and a feature ...
Legal Woes Still Possible for Prosper, Despite Origination Change
Prosper Funding LLC’s recent change to its origination model won’t mitigate the company’s exposure to legal uncertainties or challenges regarding ...
CFPB Debt Collection Proposals Could Reduce Recoveries: Moody’s
The Consumer Financial Protection Bureau’s proposed debt collections rules could reduce recoveries on defaulted loans backing consumer asset-backed securities, including ...
Expected Loss for HDFS $302MM ABS Low Despite High Credit Losses
The cumulative net loss expectation for Harley-Davidson Financial Services’ latest asset-backed securitization is low — 1.5% — regardless of a ...
Rising Subprime ABS Losses ‘Vary’ by Lender, Moody’s Says
Net loss rates are increasing in the subprime-backed ABS sector, according to report from Moody’s Investor Services released yesterday. However, ...
