Consumer ABS

Westlake Services is pooling a larger percentage of its lower credit borrowers in the sponsor's first bond offering of the year.

AmeriCredit Financial Services has started securitizing what may be some of its riskiest subprime loans – those with terms as long as 6.25 years.

DriveTime Automotive Group plans to issue $340 million of bonds backed by subprime auto loan securities, according to Kroll Bond Rating Agency.

Volkswagen is turning to its Chinese assets for its first auto loan, asset backed securities deal of the year.

CommonBond, a New York firm that makes student loans through an online platform, said Tuesday that it has raised more than $275 million in debt funding from Barclays and others.

Bank of America has removed approximately $2.67 billion of receivables from its credit card trust over the past two months.

Once billed as a safer alternative to traditional finance, the new crop of tech-powered lenders is starting to resemble previous generations of finance companies whose fortunes rose and fell with each economic cycle.

DBRS assigned ‘AAA’ ratings to €137.5 million ($150.3 million) of notes issued from RCI Banque’s Cars Alliance Auto Loans France Master.

From refinancing the wall of maturing CMBS to getting CLO manager skin the game, these articles held your interest the longest.

Standard & Poor's downgrade of Volkswagen will have no immediate impact on its three U.S. auto loan and one auto lease asset-backed securities transactions it rates originated by VW Credit.