Tag: auto originations

Ally Financial tightened its underwriting guidelines in the first quarter, slowing origination volume as the lender prepares for continued increases ...

U.S. Bank’s auto originations and outstandings declined year over year as the bank prioritizes high-margin loan growth.  Indirect loan and ...

Bank of America’s originations increased sequentially for the second straight quarter as consumers remain healthy financially.  The bank’s auto outstandings ...

Wells Fargo Auto tallied a year-over-year decline in originations and outstandings in the first quarter amid tightening credit and pricing ...

Chase Auto increased its origination volume year over year for the first time in five quarters as vehicle supply continues ...

CarMax Auto Finance adjusted its underwriting standards and increased its credit loss provisions last quarter amid “unfavorable performance” and an ...

TD Auto Finance’s floorplan utilization rates have more than doubled after falling to pandemic-spurred lows as new-vehicle inventory improves.   ...

Consumer Portfolio Services tightened credit considerably and raised interest rates in 2022 to protect margins amid rising costs of funds.   ...