Under The Hood
Executive pay stagnates in 2020
The average auto finance executive raked in $1.7 million in compensation last year, a number unchanged from 2019, according to...
ABS newcomer Credito Real’s preps subprime securitization
For the second time in as many months, a new issuer has joined the auto securitization scene. Credito Real USA...
Investors measure the social impact of securitizations
This week, shoe brand Toms abandoned the one-for-one shoe-giving promise that propelled it to success in the early 2000s in...
Unify Financial Credit Union becomes second CU to enter auto ABS market
Credit union securitizations have gotten off to a slow start. In the four years since the National Credit Union Administration...
US auto startups on track for $350M of funding this year
Funding for U.S. auto startups has been strong right out of the gate this year. Through early March, four companies...
Credit Unions eye growth after flat 2020
Credit union total loan balances rose 5% in 2020, though auto loan volume remained flat, according to CUNA Mutual Group....
Subprime stocks rebound on partnerships, digital efforts
Subprime auto finance company stocks were pummeled by investors in the early days of the pandemic amid worries that consumers...
Recovery rates slip as liquidations normalize
Auto loan recovery rates have started to come down from the clouds despite record-high vehicle values. Recoveries reflect the amount...
