There is also a class N tranche of notes that make payment to those noteholders if funds are available after the overcollateralization.

Last week brought more shakeups in the auto finance industry as lender Flagship Credit Acceptance announced it was finalizing ...

The next chapter in Jim Landy’s career in auto finance will arrive through another acquisition involving a lender and an ...

New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...

According to the report, to get the most out of new AI technologies, leasing players can deploy agentic systems, that is, ...

Number of drivers seriously behind on payments reached a worrying record high last month that could indicate problems in the ...

A number of stocks jumped in the afternoon session after investors grew more optimistic about a potential Federal Reserve interest rate cut in December.

Subprime auto lending company Flagship Credit Acceptance agreed to sell its business operations and other assets to specialty ...

Auto lender Flagship Credit Acceptance today announced an agreement to sell the business to specialty finance investment firm ...

Upon the final closing of the transaction, Jim Landy, a seasoned auto finance executive and founder, will assume the role of Chief Executive Officer at Flagship. "This is an exciting moment for ...

Nov 7 (Reuters) - Pan-European exchange operator Euronext (ENX.PA), opens new tab on Friday said it is cutting the acceptance threshold from 67% to 50% plus one share of the voting rights in its bid ...