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....

Zero Motorcycles Signs Floorplan Partnership With Northpoint

The electric motorcycle manufacturer Zero Motorcycles signed with floorplan finance

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....

Credit Acceptance is Served Subpoena From Mississippi AG

The subprime auto lender Credit Acceptance Corp. disclosed that it

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....

Illegal Repos Cause Veteran Pushback on Forced Arbitration

The Union Veterans Council supported the Consumer Financial Protection Bureau’s

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....

OneMain Financial Solicits Takeover Bids

OneMain Financial, a subprime lender specializing in auto and personal

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....

Santander’s Executive Churn Indicates Move Toward Corporate Consolidation

Santander Holdings USA (SHUSA) and Santander Consumer USA (SC) are

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’s Title Lending Rule Has Limited Scope in Auto

The Consumer Financial Protection Bureau released its final rule on

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....

Equifax Accused of Profiting Off Increased Auto Fraud

Former Equifax Chief Executive Richard Smith testified before the Senate

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