Strategies for Funding Excellence
May 11 – 12 // JW Marriott Nashville
EVENT COVERAGE
Where Connections Drive Innovation
May 11 – 13 // JW Marriott Nashville
Podcast: Carvana VP of finance talks rate cuts, profitability, sales growth
Carvana has lowered its interest rates as its profitability, sales and finance volume improve. The Tempe, Ariz.-based retailer in the past year has...
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MORE NEWS
New subprime entrants shape auto loan vintage comparisons
Credit expansion within the overall U.S. economy is shaping how auto loan vintages perform, with expected losses continuing to rise...
RV dealers turn to digital finance, data as retail demand slows
RV dealerships are investing in e-contracting and analytics as softer demand pressures the market. RV registrations in the United States declined...
Investor tied to troubled bank loans charged with fraud by US
A California real estate investor whose firm was accused by Western Alliance Bancorp of an almost $100 million fraud was...
Judge dismisses Tricolor noteholders’ case against JPMorgan, Barclays, Fifth Third
A federal district judge in New York has dismissed complaints from Tricolor noteholders that said JPMorgan Chase, Barclays and Fifth...
Affordability headwinds pose unique risks for near prime underwriting
Auto lenders might need alternative data sources to underwrite near prime consumers, many of whom expect prime-worthy rates but could...
NY dealer sues General Motors over vehicle allocation practices
General Motors has been sued by New York dealership Sun GMC over claims that the automaker's vehicle allocation practices unfairly restricted inventory, reduced sales and profitability and...
Exclusive: Edge Focus inks $500M auto loan deal with private credit manager
Private credit firm Edge Focus is launching a joint venture with a large private credit manager to purchase as much as...
Stable demand, standards, ABS issuance contribute to healthy industry performance (Big Wheels)
Auto finance industry performance was steady in March as steadfast consumer demand and stable bank underwriting standards offset lower vehicle sales. The Auto Finance Composite Index...
