William Hoffman, Author at Auto Finance News

Older, more budget-friendly used vehicles are holding their value as overall wholesale prices decline, creating divergent marketing priorities for lenders...

AmeriTrust: 60-month leases keep car payments lower without adding risk

Adopting 60-month lease terms allows lessors to offer lower monthly payments than new-vehicle financing without increasing residual risk. AmeriTrust Financial...

Lender interest in private capital grows on flexibility of funding

Demand for private capital is rising as lenders consider alternative funding channels. That market has “grown to be tremendous in...

Bank of America Pilots New Direct Lending Portal

DALLAS — Bank of America is piloting a new online,

TD Auto Finance grows near-prime lending, updates scorecards

TD Auto Finance is updating its underwriting scorecards to improve risk-based pricing and customer tiering. The financier is using alternative...

Older used vehicles hold value as lenders rethink remarketing strategies

Older, more budget-friendly used vehicles are holding their value as overall wholesale prices decline, creating divergent marketing priorities for lenders...

AmeriTrust: 60-month leases keep car payments lower without adding risk

Adopting 60-month lease terms allows lessors to offer lower monthly payments than new-vehicle financing without increasing residual risk. AmeriTrust Financial...

Lender interest in private capital grows on flexibility of funding

Demand for private capital is rising as lenders consider alternative funding channels. That market has “grown to be tremendous in...

Axis Auto Finance is Cautious of New Tech in Subprime

Axis Auto Finance is consistently on the search for new

TD Auto Finance grows near-prime lending, updates scorecards

TD Auto Finance is updating its underwriting scorecards to improve risk-based pricing and customer tiering. The financier is using alternative...

Older used vehicles hold value as lenders rethink remarketing strategies

Older, more budget-friendly used vehicles are holding their value as overall wholesale prices decline, creating divergent marketing priorities for lenders...

AmeriTrust: 60-month leases keep car payments lower without adding risk

Adopting 60-month lease terms allows lessors to offer lower monthly payments than new-vehicle financing without increasing residual risk. AmeriTrust Financial...

Lender interest in private capital grows on flexibility of funding

Demand for private capital is rising as lenders consider alternative funding channels. That market has “grown to be tremendous in...

Commerce Bank Watchful of Delinquencies, Tightens Credit

DALLAS — Auto delinquencies are rising across the industry, but

TD Auto Finance grows near-prime lending, updates scorecards

TD Auto Finance is updating its underwriting scorecards to improve risk-based pricing and customer tiering. The financier is using alternative...

Older used vehicles hold value as lenders rethink remarketing strategies

Older, more budget-friendly used vehicles are holding their value as overall wholesale prices decline, creating divergent marketing priorities for lenders...

AmeriTrust: 60-month leases keep car payments lower without adding risk

Adopting 60-month lease terms allows lessors to offer lower monthly payments than new-vehicle financing without increasing residual risk. AmeriTrust Financial...

Lender interest in private capital grows on flexibility of funding

Demand for private capital is rising as lenders consider alternative funding channels. That market has “grown to be tremendous in...

Prospect of CFPB Reform Wanes, Enforcement Remains

DALLAS — Lenders and analysts are beginning to temper their

TD Auto Finance grows near-prime lending, updates scorecards

TD Auto Finance is updating its underwriting scorecards to improve risk-based pricing and customer tiering. The financier is using alternative...

Older used vehicles hold value as lenders rethink remarketing strategies

Older, more budget-friendly used vehicles are holding their value as overall wholesale prices decline, creating divergent marketing priorities for lenders...

AmeriTrust: 60-month leases keep car payments lower without adding risk

Adopting 60-month lease terms allows lessors to offer lower monthly payments than new-vehicle financing without increasing residual risk. AmeriTrust Financial...

Lender interest in private capital grows on flexibility of funding

Demand for private capital is rising as lenders consider alternative funding channels. That market has “grown to be tremendous in...

Santander Unlikely to Modify Practices After $26M Penalty

Santander Consumer USA disclosed last Wednesday that it had agreed

TD Auto Finance grows near-prime lending, updates scorecards

TD Auto Finance is updating its underwriting scorecards to improve risk-based pricing and customer tiering. The financier is using alternative...

Older used vehicles hold value as lenders rethink remarketing strategies

Older, more budget-friendly used vehicles are holding their value as overall wholesale prices decline, creating divergent marketing priorities for lenders...

AmeriTrust: 60-month leases keep car payments lower without adding risk

Adopting 60-month lease terms allows lessors to offer lower monthly payments than new-vehicle financing without increasing residual risk. AmeriTrust Financial...

Lender interest in private capital grows on flexibility of funding

Demand for private capital is rising as lenders consider alternative funding channels. That market has “grown to be tremendous in...

GM and Volvo Prepare for Shift to Autonomous Fleets

DALLAS — Due to shifts in consumer preference from personal

TD Auto Finance grows near-prime lending, updates scorecards

TD Auto Finance is updating its underwriting scorecards to improve risk-based pricing and customer tiering. The financier is using alternative...

Older used vehicles hold value as lenders rethink remarketing strategies

Older, more budget-friendly used vehicles are holding their value as overall wholesale prices decline, creating divergent marketing priorities for lenders...

AmeriTrust: 60-month leases keep car payments lower without adding risk

Adopting 60-month lease terms allows lessors to offer lower monthly payments than new-vehicle financing without increasing residual risk. AmeriTrust Financial...

Lender interest in private capital grows on flexibility of funding

Demand for private capital is rising as lenders consider alternative funding channels. That market has “grown to be tremendous in...

Ally Outlines Vision for Digital Lending With Clearlane Launch

Ally Financial Inc. today launched the new branding for its

TD Auto Finance grows near-prime lending, updates scorecards

TD Auto Finance is updating its underwriting scorecards to improve risk-based pricing and customer tiering. The financier is using alternative...

Older used vehicles hold value as lenders rethink remarketing strategies

Older, more budget-friendly used vehicles are holding their value as overall wholesale prices decline, creating divergent marketing priorities for lenders...

AmeriTrust: 60-month leases keep car payments lower without adding risk