Contifinancial Corp., this week sold $45.9 million in certificates backed by subprime auto loans.

The loans were originated by Contifinancial's Triad Financial Corp., Huntington Beach, Calif. The transaction was structured as a senior- subordinate deal, with loans divided into three classes of fixed-rate certificates.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.