What’s behind the recent retreat in auto ABS spreads?
A recession should lead to wider spreads – but ABS spreads fell for second consecutive straight week. Weekly asset-backed securities ...
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Extensions on extensions: Financing despite low inventory
Dealers continue to struggle with inventory shortages that frustrate sales staff and potential customers. In many cases, potential customers are ...
Back to school: How F&I training is changing at dealerships
With the COVID-19 pandemic pushing consumers to an omnichannel retail and finance experience, and finance and insurance (F&I) training programs, ...
Compliance experts take center stage at Auto Finance Summit
Compliance experts will take center stage for the “Inside Regulators’ Renewed Focus on Auto Lending” panel discussion at the Auto ...
CPS logs record monthly origination volume
Consumer Portfolio Services nearly doubled its portfolio year over year in the second quarter on the heels of expansion into ...
Hyundai Capital hit with $19M CFPB settlement
Hyundai Capital America (HCA) has entered into a $19 million settlement with the Consumer Financial Protection Bureau (CFPB) after the ...
CFPB zeros in on Servicemembers Civil Relief Act
Continuing a recent trend of highlighting potential unfair and deceptive acts or practices (UDAAP) within the auto loan servicing industry, ...
Capital One slows auto production in Q2
Capital One is the latest lender to intentionally back off auto lending in the second quarter as interest rates rise, ...
