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GMF's second deal of the year comes as monthly payment rates on dealer financing is declining and more dealers are relegated to its higher-risk credit tiers.
August 10
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Credit and charge-card issuers have sharply increased levels of asset-backed issuance, but not at the expense of their use of secured, wholesale sources of funding, according to a Fitch Ratings report.
August 9
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Canadian officials are working to slow a rapid rise in home prices that's being attributed to tight inventory levels in the country's largest cities and is threatening to create a housing bubble.
June 23
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The deal is the second this year from the Mill City shelf; all told, five issuers have completed 15 deals totaling $8.4 billion; the consistent supply is attracting strong investor interest
June 9
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American International Group Inc. could securitize through a unit it has previously used to buy jumbo loans.
June 6
