Prime, subprime auto ABS spreads narrow
Prime and subprime auto asset-backed securities spreads tightened through mid-January compared with the previous two years. Spreads on prime AAA-rated three-year auto notes narrowed ...
Prime and subprime auto asset-backed securities spreads tightened through mid-January compared with the previous two years. Spreads on prime AAA-rated three-year auto notes narrowed ...
Banks reported growth in auto originations in the fourth quarter as credit performance was mixed. Auto originations at Ally Financial, Capital One, Chase Auto, U.S. Bank and Wells Fargo increased year over year, according to ...
Credit delinquencies across securitized nonprime auto loans reached their highest level in seven years as seasonal trends associated with the holidays slowed payments. The rate of nonprime securitized auto loans 30- to 59-days past due ...
Capital One Auto Finance’s originations rose year over year in the fourth quarter despite a downtick sequentially amid competition. The bank’s auto originations rose 8.5% YoY but declined 5% quarter ...
Rising affordability concerns may help buy here, pay here retailers attract consumers with stronger credit in 2026. As vehicle prices ...
Leaders at major banks say that President Donald Trump’s proposed 10% cap on credit card interest rates could harm consumers’ access to credit, including auto loans. Price ...
GM Financial and Ford Credit are one step closer to forming industrial banks following approval this week from the FDIC and Utah Department of Financial Institutions. ...
Yamaha Financial Services‘ new president Kevin Duck plans to bring disciplined, data-driven growth to the U.S.-based captive by balancing risk through improved technologies and expanded customer and dealer relationships. Duck ...