CARMEL, IN--(Marketwired - Jun 17, 2015) - KAR Auction Services, Inc. (NYSE: KAR) today announced that its subsidiaries Automotive Finance Corporation (AFC) and AFC Funding Corporation (AFC Funding), ...
The affiliate’s interest encompasses 80% of the funds in the spread accounts and the over-collateralization of each related securitization. Over-collateralization refers to the excess of the ...
Global Lending Services, Credit Acceptance and Consumer Portfolio Services all have been active in the securitization space during the past 60 days; moves by the subprime auto finance companies that ...
The collateral for these notes includes 80% of the funds in the spread accounts and 80% of the over-collateralization from each related securitization. Over-collateralization refers to the excess of ...