The investment bank defends its title as No.1 from 2021, and also dominated the auto ABS and commercial MBS asset categories, based on ASR's database.
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The receivables in the pool had a weighted average (WA) credit score of 623, an increase from 605 in the Westlake 2022-2.
January 5
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GM Financial Consumer Automobile will finance loans on new and used automobile loans, and it references two potential pools for securitization.
January 4
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The Consumer Financial Protection Bureau and the state attorney general claim Credit Acceptance Corp., an indirect auto lender, deceived thousands of borrowers by failing to disclose and include finance charges in calculating the cost of a car loan.
January 4
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Higher interest rates helped drive down refinances by 87% and purchases by 42% compared to last year.
January 4
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The year could be marked by volatility, induced in part by rising interest rates, but prime money market funds could still see a 0.08% rise in assets.
January 3
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She led two mortgage companies in a male dominated industry, and most recently was CEO of risk management firm Dytrix.
January 3
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The Consumer Financial Protection Bureau's new unit will identify the root causes of recurring violations and find ways to hold companies accountable.
January 3 -
The investment bank defends its title as No.1 from 2021, and also dominated the auto ABS and commercial MBS asset categories, based on ASR's database.
December 30
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House hunting activity also slowed in December, with home tours declining 69% from the start of the year, a Redfin report found.
December 30
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As the Federal Reserve hikes rates and lenders tighten credit, the consumer sector is holding up—for now. What 2023 brings could heavily depend on employment.
December 30
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The industry is taking lessons from instant point-of-sale lenders to help homeowners embarking on major projects.
December 30
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Only credit card ABS saw a major increase, while other major asset classes dipped. Production in private student loan ABS dipped about 67.9%.
December 29
