Amid a slowdown in the auto sector of the ABS market, at least five somewhat programmatic, but off-the-run auto lenders are prepping transactions for the near term. The group of issuers, which have recently filed with the Securities and Exchange Commission to bring deals, includes two midsized regional banks, two small non-prime lenders and one large independent non-prime issuer.

Last week, units of Maryland-based Chevy Chase FSB and Wisconsin-based Marshall & Ilsley Bank both filed preliminary S-3 shelves with the SEC for an undisclosed amount of auto ABS, via a yet-to-be-disclosed set of underwriters.

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