LAS VEGAS, Nevada, July 28, 2025 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) announced the closing of its third term securitization in 2025 on Monday July 28, 2025. The transaction is CPS's 56th senior subordinate securitization since the beginning of 2011 and the 39th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes. In the transaction, qualified institutional buyers purchased $418.33 m ...

Core Points - Ally Financial Inc. is set to release its second quarter financial results on July 18, 2025, at approximately 7:30 a.m. ET [1] - A conference call will be held at 9 a.m. ET to discuss the company's performance, available via webcast or dial-in [2] - Registration for the conference call is required at least 15 minutes prior to the start [3] - A replay of the conference call will be accessible via webcast on Ally's Investor Relations website [4] Company Overview - Ally Financial Inc. operates as a financial services company with the largest all-digital bank in the nation and a leading auto financing business [5] - The company provides a range of services including deposits, securities brokerage, investment advisory, auto financing, and insurance offerings [5] - Ally also has a corporate finance division that offers capital for equity sponsors and middle-market companies [5]

Core Insights - Synchrony Financial has renewed and extended its partnership with Discount Tire, allowing customers to finance tire and auto-related purchases at over 1,200 retail stores and more than a million locations within the Car Care network nationwide [1][2]. Group 1: Partnership Significance - The extension of the partnership reinforces Synchrony's position in the auto financing space, catering to consumers seeking flexible financing options as vehicle ownership costs rise [2]. - This collaboration enhances customer loyalty for both companies by improving convenience and affordability for big-ticket purchases like tires [3]. Group 2: Financial Implications - The partnership is expected to increase Synchrony's loan volume and interest earnings, particularly as deferred interest promotions convert [3]. - Retaining Discount Tire as a key partner helps maintain consistent revenue streams and reduces churn risk, with the card accepted at over a million locations [4]. Group 3: Recent Performance Metrics - Synchrony's first-quarter results showed weaknesses, with total loan receivables at $99.6 billion, down 2% year over year, and purchase volume falling 4% to $40.7 billion [5]. - Average active accounts decreased by 3% to 69.3 million [5]. Group 4: Stock Performance - Synchrony shares have gained 31.5% over the past year, outperforming the industry's 8.2% rise [6].

Group 1 - The core announcement is about Consumer Portfolio Services, Inc. closing its second term securitization in 2025, marking its 55th senior subordinate securitization since 2011 and the 38th consecutive securitization to receive a triple "A" rating from at least two rating agencies on the senior class of notes [1][2] - The securitization involved the sale of $419.95 million in asset-backed notes secured by $439.29 million in automobile receivables, with the notes issued by CPS Auto Receivables Trust 2025-B [2] - The transaction consists of five classes of notes with varying interest rates and ratings, with a weighted average coupon of approximately 5.96% [3] Group 2 - Initial credit enhancement for the 2025-B transaction includes a cash deposit equal to 1.00% of the original receivable pool balance and overcollateralization of 4.40%, with agreements requiring accelerated principal payments to achieve specified overcollateralization levels [4] - Consumer Portfolio Services, Inc. specializes in providing indirect automobile financing to individuals with past credit issues or limited credit histories, primarily funding through securitization markets [6]

PRESS RELEASE 30 APRIL 2025 PLACEMENT OF A 624 MILLION EURO SECURITIZATION BACKED BY GERMAN AUTO LOANS Mobilize Financial Services Group announces the placement of a securitization backed by auto loans originated by its German branch. The FCT Cars Alliance Auto Loans Germany v 2025-1 has placed 611m€ of Senior notes and 13m€ of subordinated notes. These notes are rated AAA(sf) / Aaa(sf) and AAA(sf) / Aa1(sf) respectively by DBRS and Moody’s. The Senior tranche, with a weighted average life of 2.95 yea ...