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Funding diversification key to auto lenders 

Auto lenders are tapping diverse funding sources to establish a capital base that supports origination growth

Arra Finance targets speed, dealer ties for growth

Arra Finance is emphasizing speed and strong dealer relationships as it pursues significant growth in the

Auto outstandings up 0.9% in Q4 (Big Wheels) 

Auto outstandings industrywide inched up year over year but were largely unchanged quarter over quarter in

Banks want U.S. consumer regulator back to undo rules they loathe

Financial companies were rarely shy about their issues with the Consumer Financial Protection Bureau. But a

UACC originations decline 19.5%

Vroom subsidiary United Auto Credit Corp.’s originations declined in the fourth quarter while liquidity improved as

Auto lenders benefit from capital boost as spreads tighten 

An influx of available capital has contributed to tighter spreads and increased lender liquidity, leading to

Ally Financial refocuses with an eye toward auto business

Digital bank Ally Financial‘s multiyear restructuring initiative reduced headcount, streamlined operations and implemented new technology, and

RumbleOn F&I down 17.2% 

Powersports retailer RumbleOn’s finance and insurance revenue fell year over year in the fourth quarter amid

Credit Union Auto Lending Surges

David Thompson

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