Huntington Bank’s originations rise 25%
Regional banks saw better credit performance in the first quarter as delinquencies declined, while Huntington Bank’s auto originations increased. Fifth...
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Western American Loan CEO joins Auto Finance Summit East 2025
Auto Finance News is pleased to announce that Sean Murphy, president and chief executive of Western American Loan, will join a discussion on...
Fed’s Powell says strong labor market depends on price stability
Federal Reserve Chair Jerome Powell again stressed the central bank must ensure tariffs don’t trigger a more persistent rise in...
US retail sales jump by most in two years on car-buying rush
US retail sales rose substantially in March on a jump in car purchases and other goods such as electronics, suggesting...
Bank of America auto net charge-offs flat
Bank of America’s credit performance and auto portfolio growth was steady in the first quarter as digital activity ramped up. ...
Strike Acceptance takes aim at ABS market (Under the Hood)
While a dozen credit unions have debuted securitizations in the past few years, fledgling finance company securitizers have been a...
Octane Lending secures $700M forward-flow deal
Powersports lender Octane Lending plans to fund originations growth after securing a forward-flow agreement with Equitable, MetLife Investment Management and...
Southeast Toyota Finance’s Bill Shope retires
Long-time Southeast Toyota Finance leader Bill Shope has retired after 35 years with the company, prompting leadership changes. Southeast Toyota...
S&P sees high risk of Ford, GM ratings downgrade on auto tariffs
Ford Motor Co. and General Motors Co., along with nearly a dozen car-parts suppliers, are at high risk of a...
