Against all odds: Auto market holds steady
The auto finance sector is showing signs of improving affordability and resilient loan production amid gradual dips in vehicle prices ...
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Big Wheels: Auto lenders inject nearly $5B into ABS market this week
The auto asset-backed securities market has been busy this week with nearly $5 billion of new issuance volume as prime ...
Fed raises interest rates to 22-year high, leaves door open for more
The Federal Reserve raised interest rates to the highest level in 22 years and left the door open to additional ...
Under the Hood: Industry struggles drain $31B in market cap
Auto finance company stocks took a beating in 2020, but they were pummeled even further in 2022. Fears of a ...
Auto finance stocks take a hit as market tumbles
Auto finance company stocks took a hit Tuesday as both the Dow Jones Industrial Average and the Nasdaq Composite plunged ...
Fed lifts rates a quarter point in opening bid to curb inflation
The Federal Reserve raised interest rates by a quarter percentage point and signaled six more such hikes this year, launching ...
Listen: Weekly Wrap on the state of subprime and rental markets
In a market defined by elevated used-vehicle values and limited new- and used-inventory, both subprime lenders and rental car companies ...
AFSA 2021: Dems on the Hill prioritize federal all-in interest rate cap
Federal “all-in” interest rate caps are a priority for the U.S. House of Representatives’ Financial Services Committee and certain Democratic ...
