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...

CarMax Captive Ups Loss Provisions in 3Q

CarMax Auto Finance saw third quarter income decline 3.2% year

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...

Carvana Expands Credit Union Partnerships in Georgia

The online used-car marketplace, Carvana, expanded its credit union partners

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...

4 Possible Alternatives to the CFPB’s BISG Methodology

Republican lawmakers and lenders alike are eager to roll back

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...

New ABS Rule Unlikely to Escalate Disparate Impact Cases, Lawyer Says

The Securities and Exchange Commission’s Regulation AB II went fully

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...

Fed’s Interest Rate Hike Has Little Effect on Auto Loans

The U.S. Federal Reserve, after months of speculation, decided to

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...

New Lending Tool Prodigy Sees a Future in Dealerships

Living in San Francisco, Michia Rohrssen hears from his tech

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...

Credit Decline May Spur ‘Big’ Problems, Lawyer Says

Auto loan delinquency rates rose to 2.40% — compared with

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