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Nicole Casperson and Joey Pizzolato
  • 2:07 pm

Auto Finance Technology sponsored by InformedIQ

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Weekly Wrap: Earnings season kicks off, COVID-19 spurs increased reserves [Video]

This week kicked off first-quarter earnings season with JPMorgan Chase, Wells Fargo, Bank of America, and

  • Nicole Casperson and Joey Pizzolato
  • April 17, 2020

CPS poised to survive pandemic

Consumer Portfolio Services, one of the few subprime auto financiers to have survived the 2008 credit

  • Nicole Casperson and Joey Pizzolato
  • April 16, 2020

BMW to ‘safeguard’ captive liquidity as COVID-19 drops volumes

BMW Group’s global finance structure and diversified funding sources insulate BMW Financial Services from potential liquidity

  • Nicole Casperson and Joey Pizzolato
  • April 16, 2020

US jobless claims top 5.2 million, erasing a decade of gains

More than 5 million Americans filed for unemployment benefits last week, bringing the total in the

  • Bloomberg News
  • April 16, 2020

Bank of America postpones CECL, sets aside $3.6B for COVID-19

Bank of America has tapped the Federal Reserve‘s March 27 option to defer estimated capital impact

  • Nicole Casperson and Joey Pizzolato
  • April 15, 2020

Regulatory risks in providing coronavirus-based payment deferrals [VIDEO]

The coronavirus outbreak has resulted in an economic recession spurred by shelter-in-place orders that have shuttered

  • Nicole Casperson and Joey Pizzolato
  • April 15, 2020

Subprime stocks drop $7B in market cap since March

The auto finance sector has been pressured from all sides since COVID-19 took root in the

  • Marcie Belles
  • April 15, 2020

JPMorgan Chase, Wells Fargo hunker down for increased credit losses

JPMorgan Chase and Wells Fargo are stockpiling reserves in the expectation of increased credit losses as

  • Nicole Casperson and Joey Pizzolato
  • April 14, 2020

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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