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Warburg eyes $2.5 billion-plus sale of auto lender Exeter

Warburg Pincus is in the early stages of weighing a sale of subprime auto lender Exeter

Auto refinance volume climbs 40.7% YoY

Lenders are experiencing a surge in auto refinance volume across the credit spectrum as customers look

Automotive stocks plummet amid war, EV shifts (Big Wheels) 

Automotive company stocks are down amid continued affordability challenges, rising oil prices and electric vehicle restructuring.

Auto ABS spreads widen as Iran war persists

Auto spreads have widened as financial markets react to the Iran war, increasing the probability for

Octane, Huntington launch OPE financing platform with Ariens, Gravely

Octane Lending and Huntington National Bank are launching a digital financing program designed to streamline outdoor

VFS taps Brace to oversee captive’s global operations

Volvo Financial Services has appointed Tabitha Brace as senior vice president of finance and chief financial

Consumer Portfolio Services eyes prime growth following $900M injection 

Consumer Portfolio Services plans to grow its prime lending program in 2026 after securing a $900

Upstart applies to form national bank to lower costs 

AI-powered lending platform Upstart is applying to form a national bank insured by the FDIC to

Credit Union Auto Lending Surges

David Thompson

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