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, sources said. The group of issuers which have recently filed with the Securities & Exchange Commission to bring deals includes two mid-sized regional banks, two small non-prime lenders and one large independent non-prime issuer. 

Filed this week, units of Maryland-based Chevy Chase FSB and Wisconsin-based Marshall & Ilsley Bank have both filed preliminary S3 shelfs with the SEC for an undisclosed amount of auto ABS, via a yet-to be disclosed set of underwriters.  

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