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Lendbuzz issues first 2025 securitization, eyes growth 

AI-based auto lender Lendbuzz this week issued its first asset-backed securitization deal of 2025 as the

  • Amanda Harris
  • January 10, 2025

SAFCO inks $100M Deutsche Bank facility, extends CapOne agreement 

Indirect subprime lender Southern Auto Finance Co. inked a $100 million warehouse facility with Deutsche Bank

  • James Van Bramer
  • January 10, 2025

California wildfires contribute to auto insurance hikes, deferrals 

Wildfires are contributing to a spike in auto insurance rates in California and payment deferral options

  • James Van Bramer
  • January 9, 2025

ThunderRoad Financial eyes $100M in 2025 deals 

Powersports lender ThunderRoad Financial is eyeing multiple forward-flow agreements in 2025 amid larger efforts to revamp

  • Ash Savage
  • January 9, 2025

NextGear extends flexible floorplan pricing 

Floorplan financing provider NextGear Capital is expanding its flex pricing program to include vehicles beyond those

  • Amanda Harris
  • January 9, 2025

Manheim used-vehicle values rise 0.4% YoY 

December wholesale used-vehicle values rose from 2023 but declined sequentially following year-over-year price declines in every

  • Ash Savage
  • January 8, 2025

NMAC eyes completion of receivables system in FY 2025 

Nissan Motor Acceptance Co. this year plans to complete the integration of a new loan and

  • Amanda Harris
  • January 8, 2025

Ally to end mortgage originations, cut jobs across company

Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card

  • Bloomberg News
  • January 8, 2025

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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