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Credit access up 2.9% as subprime share climbs 

Credit availability improved year over year in January amid elevated average transaction prices. An increase in

  • Ash Savage
  • February 12, 2025

Upstart auto originations soar 224% 

AI-driven lending platform Upstart’s auto originations soared 224% year over year in the fourth quarter amid

  • Amanda Harris
  • February 12, 2025

Lithia Motors’ captive sees originations up 16.8% YoY

Driveway Finance Corp., Lithia Motors’ finance arm, grew originations 16.8% year over year in the fourth

  • James Van Bramer
  • February 12, 2025

Ex-FDIC official McKernan nominated as new CFPB director

Amid the uncertainty surrounding the Consumer Financial Protection Bureau, President Donald Trump has nominated a new

  • Vaidik Trivedi
  • February 12, 2025

CFPB pause prompts concern of ‘regulatory vacuum’   

Lenders must be mindful of existing consumer law and state-level enforcement despite the current pause in

  • Amanda Harris
  • February 11, 2025

Neighbors FCU fights growing fraud with tech

Neighbors Federal Credit Union is grappling with a surge in sophisticated fraud schemes, prompting the lender

  • James Van Bramer
  • February 11, 2025

Gen AI-related fraud growing threat to financial services

Generative AI-driven fraud is an escalating threat to the financial services industry, with increasingly sophisticated tactics

  • James Van Bramer
  • February 11, 2025

Powersports new-vehicle inventory up 267% from 2019 

Swelling inventories and weakened retail sales weighed on powersports dealers in January despite industrywide hope that

  • Ash Savage
  • February 11, 2025

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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