Auto Loan Amortization

Ally Financial Reports Preliminary Fourth Quarter and Full Year 2011 Financial ... - MarketWatch (press release)

Ally Financial Reports Preliminary Fourth Quarter and Full Year 2011 Financial ... MarketWatch (press release) 5. OID amortization expense includes accelerated OID amortization of $50 million in full year 2011 and $101 million in full year 2010 from extinguishment of debt. Ally maintained position as the industry's leading auto finance franchise. Ranked No. and more »

TEXT-S&P assigns 'AAA (sf)' ratings to Driver Japan One transaction - Reuters

TEXT-S&P assigns 'AAA (sf)' ratings to Driver Japan One transaction Reuters Jan 26 - Standard & Poor's Ratings Services today said that it has assigned its 'AAA (sf)' ratings to Driver Japan One's JPY25.0 billion Beneficial Interests and asset-backed loan (ABL) due May 2020. The collateral comprises Japanese auto loan ... and more »

Pep Boys to Be Acquired by Gores Group for $791 Million - BusinessWeek

Pep Boys to Be Acquired by Gores Group for $791 Million BusinessWeek 30 (Bloomberg) -- Pep Boys -- Manny, Moe & Jack agreed to go private in an acquisition by Gores Group LLC valued at about $791 million after the auto-parts retailer's previous attempts to sell itself were unsuccessful. The cash offer of $15 a share is ... and more »

Valley National Bancorp Reports Fourth Quarter Earnings, Solid Loan Growth and ... - MarketWatch (press release)

Valley National Bancorp Reports Fourth Quarter Earnings, Solid Loan Growth and ... MarketWatch (press release) Average taxable investment balances declined due to normal repayment activity on higher yielding securities and lower reinvestment in new securities. Alternatively, we used the security repayments to fund higher yielding loan growth and maintained ... and more »

TD Bank Group Provides Supplementary Disclosures Related to Fiscal 2011 IFRS ... - MarketWatch (press release)

TD Bank Group Provides Supplementary Disclosures Related to Fiscal 2011 IFRS ... MarketWatch (press release) Under IFRS, loan origination costs must be both directly attributable and incremental to the loan origination in order to be deferred and amortized and recognized as a yield adjustment over the expected life of the loan. On transition to IFRS, ... and more »

Oriental Financial Group Fourth Quarter & 2011 Results - MarketWatch (press release)

Oriental Financial Group Fourth Quarter & 2011 Results MarketWatch (press release) ... growth of Oriental's non-covered commercial, auto leasing and consumer loan portfolio. -- Interest income from investment securities of $25.9 million declined 28.5% from the third quarter. This primarily reflected increased premium amortization, ... and more »

Alliance Financial Announces Fourth Quarter and Record 2011 Earnings - MarketWatch (press release)

Alliance Financial Announces Fourth Quarter and Record 2011 Earnings MarketWatch (press release) The residential mortgage and indirect auto loan portfolios declined approximately $18 million and $17 million, respectively, in 2011 due to soft market conditions and low interest rates, while our lease portfolio decreased $17 million as we continue to ... and more »