Hurricane Helene spurs uptick in payment extensions
Some auto lenders saw a rise in payment extensions following Hurricane Helene, with Hurricane Milton expected to affect extension rates ...
Tag: S&P Global
Higher losses prompt rating downgrades on subprime securitizations
S&P Global has again lowered its ratings on a 2022 Flagship Credit Acceptance auto securities transaction as loss expectations rise ...
Opdahl named CEO of Source One Financial Services, and other personnel moves …
Opdahl takes over as CEO at Source One Financial Services Mike Opdahl, has been named chief executive of specialized finance ...
Banks offload auto debt as deposits shrink
Banks offloaded auto debt in the second quarter as deposit activity slowed and financiers got more stringent on how they ...
S&P Global expects one more quarter-point hike this year
NEW YORK — Economists at S&P Global expect the Federal Reserve to increase interest rates a quarter-point one more time ...
Ford Credit, GM Financial, HCA prep prime ABS deals
Three prime issuers are gearing up to enter the auto asset-backed securities market following Silicon Valley Bank-spurred market volatility that ...
Listen: Weekly Wrap discussion on auto ABS market, credit availability
S&P Mobility last week acquired pricing and incentive intelligence provider Market Scan Information Systems, while the automotive asset-backed securitization market ...
OCCU enters auto ABS market with $275M deal
Oregon Community Credit Union (OCCU) is set to issue its inaugural auto asset-backed securities (ABS) deal this month, marking the ...
