Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A “moderate net share of banks” reported weaker auto finance demand in Q2, according to the Federal Reserve‘s latest Senior Loan Officer Opinion Survey on Bank Lending Practices, published Aug. 3. The Fed surveyed 56 domestic banks and 18 U.S. branches of foreign banks from […]
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David Thompson
David Thompson
David Thompson
