New subprime auto securitizations by Santander Consumer USA and American Credit Acceptance each utilize tweaks to recent collateral pool trends to mitigate the risk of growing losses in their managed portfolios.  

Both lenders on Thursday had debut asset-backed transactions on their particular subprime securitization platforms, with both representing the 10th and 11th subprime ABS auto deals to launch in the U.S. securitization market this year – and among seven to roll out this month.  

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