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Speed, F&I profitability ‘top of mind’ for dealer-lender relations, captives say

Captives are eyeing higher-profit finance and insurance products and faster lending times to strengthen relationships with

Lenders: AI cannot replace ‘sound credit fundamentals’  

Auto lenders may be leaning on AI and technology to gain efficiencies, but sound credit fundamentals

Kunes Auto’s first CTO aims to unify auto, RV technology operations

The first chief technology officer hired by Kunes Auto and RV Group and parent company Delavan

Synthetic identity: when the borrower doesn’t exist 

The application looks real and that is the problem. Synthetic identity fraud is one of the

‘AI will embolden fraud’ in auto finance, lenders say

AI could exacerbate already record-high auto finance fraud, prompting lenders to lean on real-time prevention tools

Credit, market, operational: 3 risk types to stress test portfolios 

While auto lenders can’t predict the future, capital stress testing can help identify how macroeconomic scenarios

Pagaya upsizes largest-ever auto ABS deal 

Pagaya Technologies closed its largest-ever auto asset-backed securitization transaction on May 26 after the deal was

New-vehicle auto loan rates drop 102 bps in May (Big Wheels)

National auto loan interest rates on new and used vehicles dropped year over year in May

Credit Union Auto Lending Surges

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