Capital & Funding
Competition Revs Up in Floorplan Lending, as Sales Show Signs of Tempering
The partnership between a dealer and a floorplan lender is “very relationship-based, and very emotional,” said Brian Fallon, senior vice...
CFPB Complaint Volumes Rise in 2017
The Consumer Financial Protection Bureau released a special edition of its monthly complaint report yesterday, showing continued increases in the...
Ford Credit Shows More Profit Stability Than GMF, Moody’s Says
Despite shared profitability challenges, Ford Credit has greater portfolio stability than General Motors Financial (GMF), Moody’s says in a report...
Subprime Loan Volume Reaches Record Low, Experian Finds
Subprime loan volume declined 55 basis points in the first quarter compared to the year prior while prime loans increased,...
LTVs Decline in 1Q as Subprime Lenders Aim to Steady Loss Levels
DALLAS -- Six subprime auto finance companies in the secondary market have reduced loan-to-value ratios in their underwriting by 100...
Sound the Credit Quality Alarm
It's time to sound the alarm. Weakness has taken hold of the credit quality within securitized subprime auto assets. Deutsche...
Subprime Auto ABS Shows Signs of Strength, S&P Says
DALLAS -- S&P Global Ratings sees little historical evidence of distress in the auto securitization market and is projecting modest growth this...
SURVEY: AFN Wants to Hear From You
As an important part of the auto finance community, we are coming to our readers for insights on how we can improve Auto...
