Open Lending certification volume down 8.4% year over year
Credit union, bank certs down 3.8% YoY
Automation fintech Open Lending’s certification volume declined in the third quarter. Total certified loans, or “certs,” landed at 27,435, down 8.4% year over year, according to the company’s Nov. 7 earnings supplement. Credit union and bank certs dipped 3.8% YoY to 21,808, while OEM certs declined 22.9% YoY to 5,627. Open Lending’s facilitated loan origination […]
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