Risk Management
US economy slowed in recent weeks with inflation, labor cooling
US consumer spending, inflation and the labor market all cooled in recent weeks, adding to evidence that the economy is...
Prime, subprime ABS losses climb
Delinquencies and net losses continued to climb across prime and nonprime securitized auto loans in September as spreads widened in...
Subprime lenders tighten income, LTV requirements
Inflation, deteriorating credit performance and worsening affordability have prompted subprime auto lenders to tighten lending requirements to better manage risk. ...
Podcast: ‘Weekly Wrap’ discussion on subprime market
Higher interest rates are just one challenge facing consumers and affecting their ability to make their car payments. Auto...
U.S. Bank initiates major staff cuts in auto division
U.S. Bank laid off a portion of its auto division this week as the bank continues its pullback in auto...
In too deep: How affordability woes could sink subprime borrowers
If it costs more to put food on the table and keep a roof over your head, will you prioritize...
Auto Finance News preps launch of new Big Wheels dataset
Auto Finance News subscribers are invited to participate in a survey measuring the current state of lending practices, credit availability...
After student loan payments restart, 1.4 million Americans risk defaulting on debt
The resumption of federal student loan payments will likely cause a spike in delinquencies on all kinds of household credit,...
