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

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US inflation slows more than forecast, gives Fed downshift room

byBloomberg News

November 10, 2022

US inflation cooled in October by more than forecast, offering...

Technology

Santander Consumer USA to launch lead generation website

byJoey Pizzolato

November 10, 2022

Santander Consumer USA (SCUSA) is gearing up to launch a...

Earnings

Upstart auto secured loans plummet 71%

byRiley Wolfbauer

November 10, 2022

Artificial intelligence (AI)-based lending marketplace Upstart recorded a sequential decrease in...

Earnings

Vroom e-commerce finance profit soars 56%

byAmanda Harris

November 9, 2022

Vroom’s finance and insurance profit jumped 56% year over year...

Risk Management

Subprime auto bonds hit by skipped payments, falling used-car values

byBloomberg News

November 9, 2022

Subprime auto loan borrowers are increasingly falling behind on payments,...

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Santander Consumer USA to launch lead generation website

Santander Consumer USA (SCUSA) is gearing up to launch a lead-generation website that highlights the lender’s

Upstart auto secured loans plummet 71%

Artificial intelligence (AI)-based lending marketplace Upstart recorded a sequential decrease in auto secured refinance loans amid

Vroom e-commerce finance profit soars 56%

Vroom’s finance and insurance profit jumped 56% year over year in the third quarter driven by

Subprime auto bonds hit by skipped payments, falling used-car values

Subprime auto loan borrowers are increasingly falling behind on payments, and the value of used cars

Auto credit demand again weakens in Q3

Demand for auto loans again weakened in the third quarter as banks’ auto credit standards remained

Auto production shrinks, credit worsens in Q3

Rising interest rates, inflationary pressures and supply chain challenges contributed to dampened auto loan production in

Open Lending’s cert volume declines QoQ

Automation fintech Open Lending’s certified loan volume decreased for the second consecutive quarter in Q3 following

Used-vehicle values fall YoY for 2nd straight month

Used-vehicle values plummeted year over year in October in tandem with used-retail sales and consumer confidence.

Credit Union Auto Lending Surges

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

MARKET SNAPSHOT

News Feed

US inflation slows more than forecast, gives Fed downshift room

Santander Consumer USA to launch lead generation website

Upstart auto secured loans plummet 71%

Vroom e-commerce finance profit soars 56%

Subprime auto bonds hit by skipped payments, falling used-car values

News Feed

Santander Consumer USA to launch lead generation website

Upstart auto secured loans plummet 71%

Vroom e-commerce finance profit soars 56%

Subprime auto bonds hit by skipped payments, falling used-car values

Auto credit demand again weakens in Q3

Auto production shrinks, credit worsens in Q3

Open Lending’s cert volume declines QoQ

Used-vehicle values fall YoY for 2nd straight month

Credit Union Auto Lending Surges

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