• Monday, October 26, 2026
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News Feed

Bank of America’s consumer vehicle net charge-offs flat in Q3 

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat

  • C.J. Moore
  • October 14, 2026

Auto finance software provider Alfa expands AI, dealer integration tools

Auto finance software provider Alfa’s update to its cloud-based Alfa Systems platform streamlines auto loan originations

  • Auto Finance News, AI-assisted
  • October 14, 2026

US consumer prices rise by most since April in broad advance

US consumer prices advanced in September at the fastest pace in five months and a gauge

  • Bloomberg News
  • October 14, 2026

BofA faces $1.2 billion of fines for money-laundering lapses

Bank of America Corp. was fined more than $1.21 billion for money laundering and sanctions violations

  • Bloomberg News
  • October 14, 2026

Chase Auto originations drop 10% YoY in Q3

Chase Auto’s originations slid in the third quarter as the bank restricts credit access, resulting in

  • Aidan Bush
  • October 13, 2026

Wells Fargo Auto originations rise 14.8% 

Wells Fargo Auto’s originations rose in the third quarter as the bank continues to benefit from

  • Amanda Harris
  • October 13, 2026

Affordability pressures raise stakes for F&I as car buyers embrace technology

Auto dealers are emphasizing finance and insurance education as record-high vehicle payments strain buyers’ budgets and

  • Johnnie Martinez II
  • October 13, 2026

Octane inks $1.4B forward-flow agreement with five investors

Powersports lender Octane closed a $1.4 billion forward-flow agreement this month. Investors agreeing to purchase up

  • C.J. Moore
  • October 13, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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