Exeter auto finance securitization specialists note Exeter

Securitization specialists note Exeter Auto Finance’s collateral pools are diversified geographically, helping mitigate localized economic shocks that could otherwise impact asset quality. Dermody Properties, the Nevada-based company that built Amazon's mega-warehouse on Boxwood Road, has proposed two warehouses — 1.4 million square feet and 962,000 square feet in size — south of Route 301 and west of Jamison Corner Road north of Middletown. The company attributed part of a more recent uptick in extensions to the COVID-19 relief bill that Congress passed during the pandemic in 2020, saying the legislation “encouraged compassion from lenders.” Analysts covering Exeter Auto Finance forecast net interest margin stability around 6.1% in