Banks take on more nonprime auto financing in Q2
Banks financed more nonprime auto loans in the second quarter as more subprime borrowers enter the market and some lenders ...
Banks financed more nonprime auto loans in the second quarter as more subprime borrowers enter the market and some lenders ...
Oregon Community Credit Union issued its first auto asset-backed securitization of 2026 in August, the latest in a string of transactions by credit unions this year. OCCU came ...
Rizz Lending is increasing its credit facility and drawing a larger portion of its warehouse line after surpassing $100 million in lifetime originations in July. The Riverton, Utah-based used ...
The US 10-year yield topped 4.75% on Monday for the first time since January 2025 as rising oil prices bolstered ...
Specialty finance companies and buy here, pay here retailers’ market share grew in the second quarter as nonprime borrowing led ...
Embedded insurance programs are boosting dealerships’ finance and insurance profitability while providing additional revenue streams for captives. Hyundai Capital ...
Richard Corthell Auto Finance News is excited to announce that Richard Corthell, chief compliance officer at BMW Financial Services, will ...
Malibu Boats’ dealer finance program is gaining traction as the manufacturer leans on financing and extended-service products to reach payment-sensitive ...