Indirect auto finance company Flagship Credit Acceptance recently completed an asset-backed securitization of $222 million of notes issued in four tranches and assigned ratings by Standard & Poor’s ...
The capital markets should look closely at the proposed rule of the Consumer Financial Protection Bureau (the “CFPB”) to supervise certain larger non-bank automobile finance companies because of the ...
Cleveland-based KeyCorp (NYSE: KEY) announced that its KeyBank subsidiary has sold its $3.2 billion indirect retail auto loan portfolio, and that the company is accelerating its share repurchase ...
KeyCorp has sold what’s left of its indirect automobile loan portfolio and plans to use the proceeds to repurchase up to $585 million of its own stock. Processing Content Key offloaded the $3.2 ...
NORTH RICHLAND HILLS, Texas — Triad Financial stopped all originations via its indirect dealer channel as of May 23, company officials told SubPrime Auto Finance News this week. However, Triad ...
Pentagon Federal Credit Union in McLean, Virginia, recently sold $460.3 million in securities backed by prime auto loans, its first auto loan securitization ever completed. The $36.7 billion-asset ...
IRVINE, Calif.--(BUSINESS WIRE)--California Republic Bancorp (“CRB” or “Company”) (OTCBB: CRPB), a bank holding company for California Republic Bank (“Bank”), announced the Bank had successfully ...
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