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Risk Management
Open Lending protection program piques increased bank interest
Automation fintech Open Lending has seen increased interest in its lender protection program from banks as economic conditions worsen and...
Delinquencies surpass pre-pandemic levels
The rate of auto loans 60-plus days delinquent in the fourth quarter rose above pre-pandemic levels for the first time...
US core CPI tops estimates, pressuring Fed as it weighs hike
Underlying US consumer prices rose in February by the most in five months, forcing a tough choice for Federal Reserve...
Silicon Valley Bank collapses and enters FDIC receivership
Silicon Valley Bank collapsed into Federal Deposit Insurance Corp. receivership on Friday, after its long-established customer base of tech startups...
Fed: Improved inventory drives up Feb. auto sales
Improving vehicle supply boosted auto sales in February and drove prices down, but rising interest rates are likely to hamper...
Low rates boost credit union auto finance market share
Credit unions led the auto finance market in the fourth quarter, driven by competitive interest rates for new and used...
Used-vehicle values climb MoM in February, sales slow
Used-vehicle values increased sequentially in February as inventory tightened and sales slowed, but prices remained lower than a year ago....
Vehicle loan amounts inch down in Q4
New- and used-vehicle loan amounts continued to grow year over year but ticked down on a sequential basis in the...
