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Associated Bank has targeted autos to diversify its balance sheet to include more shorter-duration loans with higher yields without sacrificing loan quality. Diversification contributed to Associated Bank’s 63.2% year-over-year increase in outstandings at yearend 2023 despite banks losing market share for the 10th consecutive year, according to an Auto Finance News analysis of the latest […]
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Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
