Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Ash Savage

Auto Finance Technology sponsored by InformedIQ

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Effective AI-based models must fit lender goals 

Lenders have been quick to implement AI and machine learning models to grow their business —

Manheim Used Vehicle Index falls 12.1% 

Wholesale used-vehicle values declined month over month and year over year in May, but used-vehicle sales

Axis Auto homeowner loan apps up 47% as credit tightens

Homeowners pose an opportunity for auto lenders in the Canadian market as tightened credit standards and

Insurance costs burden nonprime borrowers 

FORT WORTH, Texas — Rising insurance costs are burdening consumers, making it more difficult for borrowers

Strong US payrolls and wage growth push back bets for Fed cuts

US job growth surged in May and wages accelerated, prompting traders to push back the expected

Under the Hood: Fintech investments top $1B 

Venture capitalists have pumped $1 billion of capital into auto fintechs through May, nearly double last

Rise in leasing poses higher costs for lenders 

FORT WORTH, Texas — Leasing volume has steadily increased, which could lead to higher costs for

Compliance critical as regulators scrutinize auto pricing policies 

Increased scrutiny of pricing and underwriting practices means auto lenders should closely review their portfolios, underwriting

Credit Union Auto Lending Surges

David Thompson

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