Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Auto refinance fintech Gravity Lending has logged a decrease in guaranteed asset protection (GAP) penetration as historic used-vehicle values continue to push down consumer loan-to-value (LTV) ratios, effectively limiting the need for the aftermarket product on refinanced loans. Traditionally, GAP products are “by far” the highest selling product in the refinance space, Gravity Chief Executive […]
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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...
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
