Consumer ABS

Volkswagen upsized its retail auto loan ABS by $250mn to $1.25bn and priced the deal Thursday afternoon to strong investor demand.

Falling used car prices should not be a concern for auto lease ABS investors, since it is not likely to affect the rate at which leases are prepaid, according to Moody’s Investors Service.

Social Finance Inc., a non-bank lender, is looking to upend student lending in the United States by offering more favorable rates to borrowers it views as most likely to repay their loans.

Nelnet is preparing a $1.156 billion student loan securitization, its second this year, according to ratings agency reports.

JP Morgan Chase plans to issue a second deal from its Chase Issuance Trust, a securitization that will be sized at $750 million.

Ford Motor Co. plans to issue a $1.34 billion auto loan securitization that has been rated by Fitch Ratings.

Volkswagen Credit Inc plans to issue a $1 billion auto loan securitization, its first in 2013.

Private student lending is enjoying something of a recovery, and it appears to have a lot to do with the improving market for college graduates.

Another $950 million is set to come to market from two dealer floorplan ABS deals planned by Nissan Motor Co. and World Omni Financial Corp.