Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Risk Management

William Hoffman

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American Car Center parent files for bankruptcy 

RAC Asset Holdings on Tuesday filed for Chapter 7 bankruptcy protection in Delaware following the closure

RumbleOn Finance originations fall in Q4

RumbleOn Finance tallied a decline in originations in the fourth quarter as finance and insurance revenue

Santander halts $942M subprime auto ABS sale amid turmoil

Santander Consumer USA on Wednesday delayed the sale of $942 million of bonds backed by subprime

Watch: Income verification and the future of lending

Industry experts discuss income verification and the future of lending in this roundtable discussion. The panel

SVB-spurred concerns reach Credit Suisse

Credit Suisse’s sale of its structured products group to Apollo Global Management in November spells good

Delinquencies surpass pre-pandemic levels

The rate of auto loans 60-plus days delinquent in the fourth quarter rose above pre-pandemic levels

CPS tightens credit ‘dramatically’

Consumer Portfolio Services tightened credit considerably and raised interest rates in 2022 to protect margins amid

Consumer spending is challenged by high inflation as retail sales fall

U.S. retail sales fell in February after a surge in the prior month, suggesting consumer spending,

Credit Union Auto Lending Surges

David Thompson

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