Alloya Corporate Federal Credit Union issues first ABS deal
Alloya Corporate Federal Credit Union issued its first asset-backed securitization deal — backed by prime auto loans — as its...
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Powersports Finance Summit 2025 agenda is live
Powersports Finance Summit 2025 returns Sept. 23-24 to the Sonesta Columbus Downtown, providing attendees with the opportunity to expand dealer...
AI’s moment in auto lending: Balancing efficiency, oversight, ethical risk
Artificial intelligence is no longer a distant concept in auto lending — it’s here, embedded in workflows from loan origination...
Pagaya streamlines underwriting, counteroffers
AI-based financier Pagaya Technologies is investing in capabilities for faster auto loan funding and counteroffers to increase conversion rates for...
Boat registrations drop 18% in May
U.S. boat retail registrations plummeted in May as consumers curbed discretionary spending amid economic uncertainty. Boat retail registrations dropped 18%...
Georgia’s Own expands Octane partnership to include credit unions
Credit unions can purchase powersports loans through a forward-flow agreement between Georgia’s Own Credit Union and Octane, facilitated by loan...
US auto sales lose steam after tariff-induced shopping spree
US auto sales are losing momentum after a springtime surge fueled by shoppers racing to buy cars before President Donald...
How fintech Upgrade grew auto originations to $1B
Upgrade’s auto originations soared in the first half of the year as it expanded its dealer network and launched new...
Vehicle Inventory Index ticks up to 115 in May (Big Wheels)
Auto inventories may be normalizing after a pre-tariff sales surge drove available units down in the spring. The Big Wheels...
