Risk Management
U.S. Bank Sticks with All-Prime, After All
U.S. Bank has become an “all-prime” auto lender, Chief Operating Officer Andrew Cecere said during the bank’s second-quarter earnings call this...
Auto Affordability Gets Wonky
What are the longer loan terms doing to auto affordability? The answer to this question is actually somewhat complicated. The...
Subprime Auto Bubble? Not Likely Say Experts [SPONSORED]
There’s been a lot of chatter lately about a potential bubble forming as a result of subprime lending in the...
Nationwide Enters Direct Lending with New Online Tool
Columbus, Ohio-based Nationwide Bank has stepped into the direct auto lending space with the launch of a new online car loan service,...
Chase Auto Volume $7.8 Billion, Up 10% in Q2
Chase Auto Finance has its foot back on the gas in autos this year, with second-quarter originations up about 10%...
Western Funding Hits Record Volume in June
Subprime auto lender Western Funding Inc. funded 906 deals last month for a total of $11.2 million — its best...
Powersports Finance Risky Despite Consumer Confidence
Consumer confidence is up, but not enough to drive powersports sales to pre-recession levels, said Sean Hardeman, executive vice president and lending...
CFPB Complaint Narratives: Lenders Weigh Public Responses
When it comes to the Consumer Financial Protection Bureau’s consumer complaint narratives, silence may be golden. Despite opposition, the regulatory...
