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- Fitch Rates Volkswagen Auto Loan Enhanced Trust 2012-1
Fitch Ratings assigns the following ratings to Volkswagen Auto Loan Enhanced Trust 2012-1:
- Consumer loan rates
Banks Home equity rate (PTS) Auto Boat Assemblies of God CU 4.25 2.90 5.90 BluCurrent Credit Union 4.00 3.99 6.99 (formerly Postal Federal Community Credit Union) CU Community CU 5.00 5.25 6.00 Commercial Federal Bank 8.74 N/A N/A Community Financial 5.00
- Auto rates
Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted. Additional fees are not included. The auto loan rate is based on a 48-month contract for a new car. The boat rate is based on a loan for a new boat.
- Barclays Prices $1 Billion General Motors Subprime Auto Loan ABS
General Motors Financial Co. offered yields below 1% on $1 billion in subprime auto loan asset-backed securities on Tuesday as lead underwriter Barclays Capital reported some of the strongest investor demand for that type of bond in recent memory.
- Borrowers' Delight: Consumer Loan Rates to Stay Low
The Fed extended "easy-money" into 2014 -- a move beloved by some, loathed by others.
- Fitch: U.S. Auto ABS Finishes 2011 Positively
Losses fell for both prime and subprime U.S. auto loan ABS last month, and the first half of 2012 augurs for more of the same, according to the latest index results from Fitch Rati
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