Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
An uptick in auto asset-backed securities issuance by small, newer subprime issuers in recent years contributed to an increase in late-stage delinquencies across securitized subprime auto loans in October. Fitch Ratings’ subprime auto asset-backed securitization (ABS) 60-plus day delinquency index sat at 6% in October, coming off a record 6.11% in September. By comparison, 60-plus […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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...
David Thompson
David Thompson
David Thompson
