Santander and GM auto ABS rolls on amid investigation

By Ryan Bolger
10 Sep 2014

Auto ABS originators priced a slew of deals this week, as the industry continued to grapple with negative sentiment amid a regulatory probe into lending standards.

Santander Consumer USA priced the only subprime deal in the bunch on Wednesday, a triple-A rated $1.35bn auto loan backed ABS (SDART 2014-4). GM Financial also priced an auto ABS deal, though that issue is backed by prime auto leases rather than the subprime loans that have raised ...

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