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Westlake sells $100M of subprime loans to HFC Acceptance

Westlake Financial offloaded $100 million in auto subprime loans to HFC Acceptance a week after issuing

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Auto finance fraud exposure expected to surpass $10B in 2026

Fraud exposure is expected to cost the auto finance industry 8.7% more year over year in

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KTM Finance ‘absolutely not’ affected by 500 corporate layoffs, restructure

KTM Finance’s operations remain unaffected by the ongoing layoffs at KTM AG announced Jan. 13 by

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Volkswagen Financial Services’ Ernst Jan van Eijkelenburg to join fireside chat at Auto Finance Summit East 2026

Auto Finance News is pleased to announce that Volkswagen Financial Services President and Chief Executive Ernst

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Mitsubishi Electric said to seek $1.9 billion sale of unit

Mitsubishi Electric Corp. will sell its automotive equipment business and plans to solicit bids for the

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Wilmington Trust, Vervent sued by Tricolor investors

Tricolor investors are suing Tricolor securitization trustee Wilmington Trust and its backup servicer Vervent for alleged

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Wells Fargo Auto originations soar 104% 

Wells Fargo Auto’s originations more than doubled in the fourth quarter as the bank’s relationship with

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Bank of America consumer net charge-offs, credit loss allowance rise 

Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in the fourth quarter,

  • Amanda Harris
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Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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