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After one year, prodigal son AmeriCredit returns to FSA: And promises continued surety diversity

For the first time in roughly one year, AmeriCredit Corp. offered auto loan ABS backed by a full guaranty from Financial Security Assurance (FSA). In somewhat of a surprise, FSA changed its policy on cross-collateralization across all transactions, a policy that had many believing AmeriCredit would simply wait out...

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