Company: CPSS
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001683168-25-005901
Chunk: 16

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 16
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7.52% at June 30, 2025 and December 31 2024, respectively 
    6.40% over SOFR yield rate (Minimum 7.15%) 10.97% and 11.09% at June 30, 2025 and December 31, 2024, respectively 
    July 2026 
    $273,305  
    $269,602 

    Warehouse lines of credit 
    4.50% over a commercial paper rate (Minimum 7.50%) 8.81% and 8.90% at June 30 2025, and December 31 2024, respectively 
      
    March 2026 
     125,331  
     145,597 

    Residual interest financing 
    7.86% 
      
    June 2026 
     41,795  
     50,000 

    Residual interest financing 
    11.50% 
      
    March 2029 
     50,000  
     50,000 

    Residual interest financing 
    11.00% 
      
    June 2032 
     65,000  
     – 

    Subordinated renewable notes 
    Weighted average rate of 8.94% and 9.24% at June 30, 2025 and December 31, 2024, respectively 
      
    Weighted average maturity of July 2027 and December 2026 at June 30, 2025 and December 31, 2024,
    respectively 
     28,828  
     26,489 

    $584,259  
    $541,688 

     19 

CONSUMER PORTFOLIO SERVICES, INC. AND SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS

On March 20, 2025, we completed a $65 million
securitization of residual interests from previously issued securitizations. In the transaction, a qualified institutional buyer purchased
$65.0 million of asset-backed notes secured by an 80% interest in a CPS affiliate that owns the residual interests in five CPS securitizations
issued from October 2023 through September 2024. The sold notes (“