SECTOR IN-DEPTH ABS Performance Varies by Lender Amid a ...
AmeriCredit and Santander, the two largest subprime auto ABS lenders, are performing within expectations. However, the loan performance in deals we rate from smaller lenders Consumer Portfolio Services, Incorporated (CPS) and CarFinance Capital has generally weakened. In CPS's case, the weakening is partly a result of changes that the company made ................
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