Foursight Capital plans second auto ABS

By Ryan Bolger
29 Apr 2015

Foursight Capital is planning its second auto ABS issuance, following a large increase in origination by the young subprime lender.

The $106m issuance is backed by a pool of prime, near-prime and subprime auto loans originated by franchised auto dealers and purchased by Foursight, according to a DBRS pre-sale report.

Foursight has originated an increasing share of auto loans ...

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