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Weekly Wrap: Navigating looming risk factors during COVID-19 recovery

Despite a strong Q1 2021, auto lenders must prepare for potential risks to come

Amanda Harris

Rebounding origination volumes, improving recovery rates and strong credit performance have defined the auto finance industry’s first quarter of 2021 for many lenders, but risks related to unused capital and the industry’s recovery trajectory remain. Santander Consumer USA, for one, saw originations increase 16% from last quarter and 24% year over year to $8.6 billion. […]

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