Tag: auto originations

Bank of America’s auto originations fell in the second quarter, while the bank’s dealership financing portfolio grew.  Originations totaled $6 ...

Second-quarter bank earnings kicked off this week and showed a continued slowdown in auto originations compared with a year ago. ...

Consumers are being buried in debt as rising costs for everyday expenses force many to turn to credit cards to ...

CarMax Auto Finance plans to increase its penetration rate in lower credit tiers after affordability challenges continued to hamper sales ...

The auto finance sector is showing signs of improving affordability and resilient loan production amid gradual dips in vehicle prices ...

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Optimizing efficiency, improving accuracy and customer experience, and automating credit decisions are core uses of artificial intelligence in the auto ...

Affordability and inflation headwinds that affected origination volumes at the end of 2023 continued to pose challenges for auto players ...