CONSUMER PORTFOLIO SERVICES, INC. (CPSS) — Current Report

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This analysis covers the filing from 2026-05-05. New 10-K, 10-Q and 8-K filings are analyzed the moment they are released — exclusively in the app.

Earlier Current Report filings

Filed: 2026-02-05
  • William B. Roberts has resigned from the board of directors of Consumer Portfolio Services, Inc. effective January 30, 2026. This is a notable change in the company's leadership.
  • The resignation of Mr. Roberts does not appear to be due to any dispute or disagreement with the company or its board, suggesting an amicable departure.
  • The company has expressed gratitude for Mr. Roberts' many years of service on the board, indicating his contributions were valued.
Filed: 2026-01-27
  • CPS has entered into a new securitization transaction of approximately $352.66 million in subprime automotive receivables, which will provide additional funding and liquidity for the company.
  • The transaction involves the issuance of $345.61 million in asset-backed notes across five classes, with varying interest rates and levels of credit enhancement.
  • The sale of the receivables is treated as a secured financing for accounting and tax purposes, but as a true sale for legal and bankruptcy purposes, isolating the assets from CPS's other creditors.

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