Post Tagged with: "capital markets"

In Decline in Auto ABS Volume, Evidence of a Shifting Landscape

In Decline in Auto ABS Volume, Evidence of a Shifting Landscape

The volume of automotive asset-backed securitization — a key source of auto finance liquidity — through May this year is off 12% compared with the same period in 2015, according to Deutsche Bank. That’s not to say auto ABS has turned in consistent volumes in recent years. Last year, totalRead More

3 Steps for a Successful ABS Offering

3 Steps for a Successful ABS Offering

Issuing a securitization can “help out with the bottom line” and generate increased interest from investors, according to Donal Hummer Jr., ThunderRoad Financial’s president and chief executive. However, the securitization process is “very engaging,” time-consuming, and requires many moving pieces, he said during a First Associates Loan Servicing webinar entitled Securitization: ARead More

Who’s Who (and What They Want) on the Capital Markets

For any auto finance company, capital is the lifeblood. And the capital markets are the ultimate source of funding for most auto finance ventures. When working with — or wanting to work with — the capital markets, it is important to understand what each “customer” in the capital markets wants andRead More

S&P Revamps Lease ABS Guidelines

S&P Revamps Lease ABS Guidelines

Taking a cue from the mortgage securitization playbook, Standard & Poor’s has revised its methodology for rating auto lease ABS transactions by introducing a “benchmark pool” against which all securitized pools will be compared. The rating policy change, announced late last year, is part of a broader initiative to createRead More