Amanda Harris, Author at Auto Finance News

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper oversight and risk controls....

OCCU Indirect Lending Sales Manager Rich Black join Auto Finance Risk Summit Speaker Faculty

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus' AI-powered VINMax marketing platform had a 23% shorter median time to sale — nine fewer days...

A Bank of America branch in Austin, Texas, US

Bank of America’s consumer vehicle net charge-offs flat in Q3

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat year over year, while...

Big Wheels: Auto finance industry strengthens in January

The auto finance industry strengthened in January driven, in part,

‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as delinquency rates remain elevated....

Judgment critical as auto lenders incorporate more AI

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper oversight and risk controls....

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus' AI-powered VINMax marketing platform had a 23% shorter median time to sale — nine fewer days...

Bank of America’s consumer vehicle net charge-offs flat in Q3

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat year over year, while...

Podcast: ‘Weekly Wrap’ on Q1 earnings kickoff

First-quarter earnings kicked off last week with banks reporting a

‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as delinquency rates remain elevated....

Judgment critical as auto lenders incorporate more AI

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper oversight and risk controls....

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus' AI-powered VINMax marketing platform had a 23% shorter median time to sale — nine fewer days...

Bank of America’s consumer vehicle net charge-offs flat in Q3

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat year over year, while...

Chase Auto originations tick down 3%

Chase Auto’s first-quarter originations dipped year over year as the

‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as delinquency rates remain elevated....

Judgment critical as auto lenders incorporate more AI

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper oversight and risk controls....

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus' AI-powered VINMax marketing platform had a 23% shorter median time to sale — nine fewer days...

Bank of America’s consumer vehicle net charge-offs flat in Q3

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat year over year, while...

BMW leverages AI process mining to improve ops

BMW has expanded its use of data processing provider Celonis’

‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as delinquency rates remain elevated....

Judgment critical as auto lenders incorporate more AI

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper oversight and risk controls....

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus' AI-powered VINMax marketing platform had a 23% shorter median time to sale — nine fewer days...

Bank of America’s consumer vehicle net charge-offs flat in Q3

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat year over year, while...

Big Wheels: Auto ABS volume rises 38%

Auto asset-backed securitization volume year to date is 38.3% higher

‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as delinquency rates remain elevated....

Judgment critical as auto lenders incorporate more AI

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper oversight and risk controls....

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus' AI-powered VINMax marketing platform had a 23% shorter median time to sale — nine fewer days...

Bank of America’s consumer vehicle net charge-offs flat in Q3

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat year over year, while...

Podcast: ‘Weekly Wrap’ on used-car values, new-vehicle sales

Used-vehicle values declined again in March while car sales improved

‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as delinquency rates remain elevated....

Judgment critical as auto lenders incorporate more AI

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper oversight and risk controls....

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus' AI-powered VINMax marketing platform had a 23% shorter median time to sale — nine fewer days...

Bank of America’s consumer vehicle net charge-offs flat in Q3

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat year over year, while...

Synchrony-financed brands increase promotions

Synchrony Financial is supporting dealers as more manufacturers lean on

‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as delinquency rates remain elevated....

Judgment critical as auto lenders incorporate more AI

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper oversight and risk controls....

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus' AI-powered VINMax marketing platform had a 23% shorter median time to sale — nine fewer days...

Bank of America’s consumer vehicle net charge-offs flat in Q3