Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Bank of America’s auto lending activity picked up on a year-over-year basis in the third quarter as credit quality declined. Originations tallied $6.8 billion in the third quarter, flat with Q2 but an increase of 15.3% YoY, according to the bank’s earnings presentation. Bank of America’s direct and indirect consumer outstandings, primarily made of auto, […]
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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...
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David Thompson
David Thompson
David Thompson
