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Amanda Harris

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Synthetic identity fraud in auto applications up 5 bps YoY 

The volume of auto loans across all lending types containing synthetic identity fraud has increased year

Synthetic fraud uptick leads to stolen RVs 

LAS VEGAS — Synthetic fraud is revving up in the recreational vehicle space, leaving dealers at

U.S. initial jobless claims dropped to lowest since May last week

Applications for US unemployment benefits fell to the lowest level since May last week, signaling there

Commonwealth CU originations tracking up 16.3% year over year 

Commonwealth Credit Union is on pace to grow its origination volume by double digits year over

CPS eyes ‘organic growth’ in 2025 

Subprime lender Consumer Portfolio Services is building its sales force as the company prepares for organic

Inside Octane’s RideNow Finance launch 

Octane Lending’s latest endeavor with powersports retailer RideNow is in line with its efforts to support

New-vehicle average price up 1.7% YoY (Big Wheels) 

New-vehicle prices and incentives increased in October as average prices still hover near $50,000. The average

US inflation stays firm for third month with 0.3% core CPI gain

US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying

Credit Union Auto Lending Surges

David Thompson

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