CPS Announces $716.88 Million Senior Subordinate Asset-Backed Securitization

Consumer Portfolio Services, Inc. (CPSS) announced the closing of its third term securitization in 2026 on July 22, marking the largest securitization in company history. The transaction involved $716.88 million in asset-backed notes secured by $734.51 million in automobile receivables, with the senior class receiving triple 'A' ratings from Standard & Poor's and DBRS Morningstar. This represents the 43rd consecutive securitization to achieve such ratings.