Short answer
CONSUMER PORTFOLIO SERVICES, INC. (CPSS) filed an 8-K current report with the SEC on August 21, 2026 reporting Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). $80 million securitization monetizes residual interests from seven CPS securitizations issued April 2022–April 2026.
CONSUMER PORTFOLIO SERVICES, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- $80 million securitization monetizes residual interests from seven CPS securitizations issued April 2022–April 2026
- Notes carry a 10.25% coupon, creating a meaningful financing cost for CPS
- Collateral includes 100% interests in four securitizations and an 80% MOA stake covering three others
- Monthly principal payments may be required to maintain a specified minimum collateral ratio
- Transaction provides liquidity while pledging future residual cash flows and spread-account balances
Item EX-99.1 · Exhibit EX-99.1
- $80.0M securitization monetizes residual interests from seven prior securitizations and an 80% MOA stake
- Notes carry a 10.25% coupon, creating a new secured financing obligation
- Proceeds fully repay the higher-coupon March 2024 residual-interest financing
- Collateral includes spread-account deposits and 80% of underlying securitizations’ over-collateralization
- Monthly principal payments may be required to maintain the specified minimum collateral ratio
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other CONSUMER PORTFOLIO SERVICES, INC. 8-K filings
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