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Podcast: ‘Weekly Wrap’ on start of Q3 earnings

Chase Auto, PNC Financial and Wells Fargo kicked off third-quarter earnings season last week with mixed

Chase Auto originations up 36% YoY as competitors pull back

Chase Auto’s originations increased year over year in the third quarter as the bank regained market

Wells Fargo Auto originations fall 24% YoY

Wells Fargo continued to let its auto portfolio shrink in the third quarter amid pricing competition

PNC lowers auto ACL amid strong credit performance

PNC Financial tallied a decline in allowance for credit loss coverage on its auto loan portfolio

Credit unions are packaging more auto loans into bonds as rates rise

Four years ago, a credit union sold a bond backed by auto loans for the first

Credit access loosens slightly in September

Auto credit availability improved in September as approval rates increased, subprime share grew and lenders took

Syndicated facilities pick up steam amid acquisitions

Syndicated credit facilities are growing in prominence in the commercial auto finance space as lenders look

Santander Consumer doubles down on preferred finance deals

Santander Consumer USA inked two preferred financing deals with OEMs eyeing U.S. expansion this month, doubling

Credit Union Auto Lending Surges

David Thompson

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