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CarMax Auto Finance securitized net loss rate up 36 bps 

Hedge fund Starboard Value wants 2 board seats at CarMax

Truth Headlam

CarMax Auto Finance’s loss and delinquency rates were mixed in February as consumers began to receive their tax refunds.   The auto lender’s net loss rate climbed 36 basis points (bps) year over year and 5 bps month over month in February to 1.94%, according to an analysis of CarMax Auto Finance’s (CAF) data from financial services provider Wedbush, published March 18.  CarMax Auto Finance Net Losses     Total […]

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