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The auto ABS market is catching fire this week, as investors digest eight deals, including one from BBBVA Compass, the first from the bank since 2007.
The bank filed documents with the Securities and Exchange Commission on October 6 for its upcoming BBVA Compass Auto Receivables Trust 2015-A. According to a bank spokesperson, the deal is the first from the bank since BBVA acquired Compass Bancshares in 2007.
Elsewhere in the market, American Honda Receivables and CarMax filed documents for Honda Auto Receivables Owner Trust 2015-4 and CarMax Auto Owner Trust...