There is also a class N tranche of notes that make payment to those noteholders if funds are available after the overcollateralization.
Car ownership is a piece of the American dream. But what happens when the company that sold that dream collapses without clear answers?
New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...
Number of drivers seriously behind on payments reached a worrying record high last month that could indicate problems in the ...
Subprime auto lending company Flagship Credit Acceptance agreed to sell its business operations and other assets to specialty ...