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Ally Financial logs $12B in originations

60-plus day delinquencies have surpassed pre-pandemic levels

Joey Pizzolato

Ally Financial recorded $12.3 billion of originations in the third quarter despite inventory constraints as yields increase and credit performance continues to normalize.   Origination volume was down from $13.3 billion in Q2 but flat year over year, according to the earnings report. Full-year originations are expected to clock in at $48 billion, Chief Executive Jeff […]

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