CPS ups credit loss provisions, originations
Consumer Portfolio Services has added to its provision for credit losses and logged increased delinquency rates in the third quarter....
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Residual values expected to remain high in 2023
Economic recovery, coupled with a lack of used-vehicle supply, could keep residual values high for the next three years. “When...
The Impact of COVID-19 on U.S. Auto-Related ABS
Ratings and credit performance Findings from S&P’s loan-level analysis of COVID-19-related extensions Recent changes in credit enhancement levels and collateral...
Residual values post-pandemic
Valuation forecasts for 2021 and beyond How incentives will shape residual values going forward Creating the right portfolio mix Panelist:...
Promoting Diversity & Inclusion through Empowerment & Equity
Best practices for creating a diverse organization, emphasizing equality Empowering dealer partners in their D&I journey Ensuring equitable access to...
KeyBank exits indirect auto
KeyBank has discontinued indirect auto originations, although it will continue to service its $4.6 billion portfolio until it runs off...
US jobless claims decline after California resumes reporting
The number of Americans filing for unemployment benefits fell for the third time in four weeks, suggesting the labor market...
Ally Financial plans long-term work from home for collections team
Ally Financial has set in motion a long-term work-from-home plan for some of its collections team on the heels of...
AFS: Dealers call for digital finance capabilities
Auto dealers are requesting more digital shopping and financing capabilities from their lending partners amid shifting consumer shopping preferences, as...
