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Despite Stronger May, ABS Credit Performance Likely to ‘Deteriorate,’ Rating Agency Says

After 16 straight quarters of improvement, credit quality in prime auto loan securitizations will start to

CFPB Supervisory Highlights Provide Guidance on Deficiency Balances and Rebates

Under Richard Cordray’s Consumer Finance Protection Bureau (CFPB), it was “compliance malpractice” not to take heed

Senators Urge Regulatory Oversight of AI to Prevent Discrimination

As auto lenders increasingly turn to technology like artificial intelligence to improve business practices, two senators

Extended-Term Contracts Lower Credit Quality in Bank of the West Securitization

Extended-term contracts, an increased loan-to-value ratio, and a rise in the number of loans with lower

Decline in Used-Vehicle Inventory Dampens Dealer Sentiment

Used-car sales – a driver behind recent market strength – may slow as used-vehicle inventories shrink,

Santander’s Calling System Still Violates TCPA, Court Finds

Santander Consumer USA’s Aspect calling system will still be considered an automatic telephone dialing system under

Carvana Hits ABS Market With Second Transaction

Carvana is bringing $337.3 million in asset-backed securities to market in a deal that’s expected to

Online Retail Platform Shift Adds Prime Options With TD Auto, U.S. Bank

TD Auto and U.S. Bank are the latest auto lenders to sign on with Shift Technologies,

Credit Union Auto Lending Surges

David Thompson

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