Ally Financial posts highest Q3 auto originations in 15 years
Ally Financial again posted a 15-year quarterly record for auto originations in the third quarter, driven by high used-vehicle values ...
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Ally Financial posts positive recovery on NCOs, surging lease yields in Q2
Reserve releases and record used-vehicle values fueled a positive recovery rate on net charge-offs at Ally Financial and boosted lease ...
Ally Financial clocks highest origination volume in five years
Ally Financial posted another record quarter in Q1 of 2021, with the highest origination volume in five years sourced from ...
Ally Financial closes year on high note
Ally Financial closed out 2020 with strong origination volume and positive credit performance despite COVID-19’s adverse impact on the industry. ...
Ally Financial plans long-term work from home for collections team
Ally Financial has set in motion a long-term work-from-home plan for some of its collections team on the heels of ...
Ally Financial posts highest origination volume in 5 years
Ally Financial’s positive third-quarter results were marked by a surge in originations and strong credit performance as loan modifications expired. ...
Ally Financial boosts Carvana’s credit line, again
Ally Financial has once again added $1 billion to Carvana’s line of credit, putting the two companies’ purchase agreement at ...
Ally Financial net charge-offs expected to double by year end
Ally Financial forecasts its retail auto net charge-offs (NCO) to be between 1.8% and 2.1% of its portfolio by the ...
