Ally Financial’s originations rose in the fourth quarter as credit performance improved following underwriting adjustments. Auto originations landed at $10.8 billion in Q4, up 4.9% year over year compared with $10.3 billion but down 7.7% quarter over quarter, according to the financier’s earnings presentation today. The volume of auto finance applications rose 8.6% YoY but declined 5% QoQ to 3.8 million units. The retail auto originated yield was 9.6%, with 42% […]
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