The drop in CLO issuance from Q1 volume raised no alarms, coming off last year’s record $187 million issuance, and experts see strong production for 2022.
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The subprime auto lender has a good track record, but there are concerns about used-car prices normalizing, according to KBRA.
April 20 -
The government-sponsored enterprise has already done twice as many of these deals as it did during all of 2021.
April 20 -
The most profitable and largest used-car retailer has had more than a dozen ABS in the last four years.
April 19 -
DBRS Morningstar says COVID's impact should not stress the ABS.
April 19 -
First social bond will serve rural borrowers who mostly earn under $50,000 in net income per year.
April 18
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KBRA says the Southern subprime used-vehicle retailer’s experience brings credibility to the space
April 18 -
Different loan options to traditional mortgages can be costlier, lack consumer protections and leave debtors at risk of ownership disputes and loss of home equity.
April 18 -
The drop in CLO issuance from Q1 volume raised no alarms, coming off last year’s record $187 million issuance, and experts see strong production for 2022.
April 18 -
Servicing gains failed to offset steep origination declines at the bank, which continues to battle allegations of racial discrimination.
April 14 -
Gross charge-offs on the underlying card accounts were 2.48%, through the twelve-month (TTM) period, a notable drop from 4.43% in the same period a year earlier.
April 14 -
While both refinance and purchase customers were banging down the doors in 2021, leading producers are already working much harder as they change up their offerings.
April 14 -
The loans in the pool, all of which are fixed-rate and first lien, have an average balance of $426,504, and the top five loan balances account for 3.4% of the pool.
April 14