Capital & Funding
Average Auto Loan at Highest Level Since Recession, TransUnion Says
The average auto loan balance per consumer grew 2.7% in the second quarter, and reached $18,177 -- the highest level...
CFPB Debt Collection Proposals Could Reduce Recoveries: Moody’s
The Consumer Financial Protection Bureau’s proposed debt collections rules could reduce recoveries on defaulted loans backing consumer asset-backed securities, including...
Early Registration Discount for Auto Finance Summit Ends Today
The early registration deadline for the 2016 Auto Finance Summit expires today. The Auto Finance Summit, at the Bellagio in...
Carvana Nabs $460 Million in New Funding
Carvana, a national online auto retailer -- and creator of the world's first coin-operated Car Vending Machine -- announced yesterday...
ABS Performance Shows YoY Weakness, S&P Says
Net losses, recoveries, and delinquencies all weakened in the subprime ABS sector in June, according to S&P Global Ratings. Performance...
Auto Finance Excellence Awards Open for Nominations
Nominations have opened for the 2016 Auto Finance Excellence Awards, which have annually since 2005 recognized executives and companies that...
ABS Volume to Follow Slowing Sales Trend, Fitch Predicts [VIDEO]
Auto ABS issuance volume is 11.5% below where volume was in 2015, according to John Bella, ABS managing director at...
Ally Charge-Offs Rise on Sale of Super-Prime Loans
Ally Financial Inc. sold $1.6 billion of mostly super-prime auto loans in the second quarter, which contributed to a 29 basis-point...
