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

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Risk Management

William Hoffman

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Auto ABS issuance up 60% YTD 

Eight auto asset-backed securitization (ABS) issuers have either come to market this week or are gearing

Upstart bank partner originations fall 62%

AI-based lending marketplace Upstart lending partners’ originations fell year over year and auto-secured refinance loans remained

Small business lending data collection rule change expected in March

Changes to the Equal Credit Opportunity Act (ECOA) that would require equipment lenders to submit to

Rental car companies return to normal buying, selling cadence 

Car rental companies plan to sell fewer vehicles in 2023 as they move back into normal

Auto credit availability continues to tighten in January

Auto credit availability tightened for the third straight month in January as yield spreads widened and

Prejudging creditworthiness costs sales

Anyone who has spent time in a dealership showroom selling cars has had this same experience:

Fed officials float even higher rates after brisk inflation data

Federal Reserve officials said interest rates may need to move to a higher level than anticipated

US inflation stays elevated, adding pressure for more Fed hikes

US consumer prices rose briskly at the start of the year, a sign of persistent inflationary

Credit Union Auto Lending Surges

David Thompson

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