Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Performance across prime auto loan asset-backed securities remained stable year over year in July, while nonprime performance weakened. The prime annualized net loss rate rose 13 basis points (bps) month over month to 0.66% but was unchanged from a year earlier, according to KBRA’s U.S. Auto Loan ABS Indices published Aug. 14. Prime 30- to 59-day delinquencies were up […]
Already subscribed? Log in
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
