DealerTrack announces new agreements

November 02, 2005, 12:00 a.m. EST 1 Min Read

DealerTrack Inc. announced that Nissan Motors Acceptance Corp. securitized approximately $80 million of electronic contracts originated and stored on the DealerTrack eContracting system. Additionally, Standard & Poor's has tentatively agreed to a template for legal opinions that it will accept from DealerTrack financing sources along with transaction-specific information to support its ratings of securitized electronic contracts on an ongoing basis.

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