1Q19 Originations Hit 2-Year High at Wells Fargo, Slip at Chase Auto | Auto Finance News | Auto Finance News

1Q19 Originations Hit 2-Year High at Wells Fargo, Slip at Chase Auto

Wells Fargo Auto’s origination volume hit its highest level in two years despite a shrinking portfolio, while JPMorgan Chase & Co.’s portfolio remained flat as originations slowed. First-quarter originations at Wells Fargo Auto increased 24% year-over-year to $5.4 billion, though outstandings fell 9% to $44.9 billion. The last time the bank's auto originations topped $5 […]

SUBSCRIBE TODAY

TO START YOUR FREE WEEK TRIAL!

Keep Reading

Already subscribed? Log in below