Exeter exes muscle in on subprime autos
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Exeter exes muscle in on subprime autos

Two former executives of Exeter Finance Corp are pushing ahead with a subprime auto startup that, if all goes well, could become another new issuer in an already crowded securitization market. But while keen to build a long-term programme, Praxis Finance Corp — founded by Daniel Parry and Steve Moses — is still at least three years away from a debut issuance.

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