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....

M&T Bank Reports Declines in Floorplanning, Gains on Retail Auto

M&T Bank’s commercial and industrial loans were down 3% in

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....

CFPB Title Lending Rule to Limit Subprime Risk

The latest small-dollar lending rule from the Consumer Financial Protection

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....

DBRS Highlights New Asset-Level Data in Auto ABS Transactions

Independent rating agency DBRS detailed an in-depth look at new

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....

GM Financial Supports Growth With New Texas Service Center

General Motors Financial Co. is hosting a grand opening event

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....

Bank of America Grows Prime Portfolio 6% in 3Q

Bank of America grew its auto portfolio by 6% year

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....

Lawyer Claims ABS Structures Show Signs of Weakness, Despite Ratings

Although every rating agency touted the resilience of auto securitization

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 Expects Auto Declines to Continue for Another Year

For the fourth quarter in a row, Wells Fargo Dealer

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