William Hoffman, Author at Auto Finance News

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and...

Digital securitization transactions rise 61% YoY in Q2

Credit unions contributed to a rise in digital securitization transactions in the second quarter, a byproduct of their overall issuances...

GTE FCU issues $200M ABS deal in second issuance

Auto delinquency growth slows even as nonprime lending increases

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing....

Charge-Offs Surge 50% as Wells Fargo Halts Repos After Scandal

Wells Fargo Dealer Services’ indirect loan charge-offs increased nearly 50%

July U.S. auto sales mixed as Honda, Hyundai, Kia post gains

U.S. new-vehicle sales in July were mixed as American Honda, Hyundai Motor America and Kia America posted gains while Ford...

Wells Fargo head of auto originations strategy IDs 3 ways to fight AI-based fraud

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and...

Digital securitization transactions rise 61% YoY in Q2

Credit unions contributed to a rise in digital securitization transactions in the second quarter, a byproduct of their overall issuances...

Auto delinquency growth slows even as nonprime lending increases

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing....

Keys to Successful Subprime Lending

Has subprime risk increased? How to set borrowers up for

July U.S. auto sales mixed as Honda, Hyundai, Kia post gains

U.S. new-vehicle sales in July were mixed as American Honda, Hyundai Motor America and Kia America posted gains while Ford...

Wells Fargo head of auto originations strategy IDs 3 ways to fight AI-based fraud

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and...

Digital securitization transactions rise 61% YoY in Q2

Credit unions contributed to a rise in digital securitization transactions in the second quarter, a byproduct of their overall issuances...

Auto delinquency growth slows even as nonprime lending increases

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing....

Finding Loan Growth Amid Increasing Competition

Discipline in the face of percolating competition Managing margin compression

July U.S. auto sales mixed as Honda, Hyundai, Kia post gains

U.S. new-vehicle sales in July were mixed as American Honda, Hyundai Motor America and Kia America posted gains while Ford...

Wells Fargo head of auto originations strategy IDs 3 ways to fight AI-based fraud

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and...

Digital securitization transactions rise 61% YoY in Q2

Credit unions contributed to a rise in digital securitization transactions in the second quarter, a byproduct of their overall issuances...

Auto delinquency growth slows even as nonprime lending increases

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing....

AutoGravity Partners With Subprime Financier Global Lending Services

The online and mobile financing app AutoGravity has added a

July U.S. auto sales mixed as Honda, Hyundai, Kia post gains

U.S. new-vehicle sales in July were mixed as American Honda, Hyundai Motor America and Kia America posted gains while Ford...

Wells Fargo head of auto originations strategy IDs 3 ways to fight AI-based fraud

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and...

Digital securitization transactions rise 61% YoY in Q2

Credit unions contributed to a rise in digital securitization transactions in the second quarter, a byproduct of their overall issuances...

Auto delinquency growth slows even as nonprime lending increases

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing....

Hyundai Uses Analytics to Initiate Earlier Recoveries

Hyundai Capital America is utilizing a recovery method called a

July U.S. auto sales mixed as Honda, Hyundai, Kia post gains

U.S. new-vehicle sales in July were mixed as American Honda, Hyundai Motor America and Kia America posted gains while Ford...

Wells Fargo head of auto originations strategy IDs 3 ways to fight AI-based fraud

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and...

Digital securitization transactions rise 61% YoY in Q2

Credit unions contributed to a rise in digital securitization transactions in the second quarter, a byproduct of their overall issuances...

Auto delinquency growth slows even as nonprime lending increases

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing....

Auto Declines Start to Impact Citizens’ Portfolio

Citizens Financial Group Inc. is starting to see the impact

July U.S. auto sales mixed as Honda, Hyundai, Kia post gains

U.S. new-vehicle sales in July were mixed as American Honda, Hyundai Motor America and Kia America posted gains while Ford...

Wells Fargo head of auto originations strategy IDs 3 ways to fight AI-based fraud

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and...

Digital securitization transactions rise 61% YoY in Q2

Credit unions contributed to a rise in digital securitization transactions in the second quarter, a byproduct of their overall issuances...

Auto delinquency growth slows even as nonprime lending increases

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing....

Wells Fargo’s Forced-Insurance Compensation Was ‘Insufficient,’ OCC Finds

The Office of the Comptroller of the Currency found that

July U.S. auto sales mixed as Honda, Hyundai, Kia post gains

U.S. new-vehicle sales in July were mixed as American Honda, Hyundai Motor America and Kia America posted gains while Ford...

Wells Fargo head of auto originations strategy IDs 3 ways to fight AI-based fraud

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and...

Digital securitization transactions rise 61% YoY in Q2

Credit unions contributed to a rise in digital securitization transactions in the second quarter, a byproduct of their overall issuances...

Auto delinquency growth slows even as nonprime lending increases