A rise in AI and technology adoption, shifting EV strategies and competition in the automotive market is creating an opportunity ...

Auto asset-backed securitization investors are cautious as the Iran war continues to fuel uncertainty in financial markets, but issuers should not take that as a sign ...

Fintech Rate is seeing early consumer traction in its new auto lending offering as it builds out a broader digital lending ecosystem.  The company launched Rate Auto Loans on ...

Inspired by the collapse of Tricolor Holdings, backup servicer Vervent is launching a product to track whether warehouse loan and ...

The Federal Open Market Committee voted 11-1 to hold the benchmark federal funds rate in a range of 3.5% to ...

Growing global adoption of electric vehicles helped avoid the consumption of 2.3 million barrels of oil per day last year, ...

The Federal Trade Commission is cracking down on dealership advertising and pricing practices in a wave of letters to auto groups nationwide.   ...

Pagaya Technologies plans to ramp up forward-flow activity as investor appetite and relationships with financial institutions grow.   As the AI-driven lender continues to increase its originations volume, it is exploring additional funding avenues such as forward-flow agreements, Sahil Chandiramani, head of capital markets, told Auto Finance News.  ...