Tag: auto originations

Credit unions have been gaining share the auto loan market without much help from incentives. In 2022, credit union outstandings ...

Compressed margins, increased pricing competition and a shift toward more profitable lines of business in the first quarter drove attrition ...

Subprime auto lender Credit Acceptance Corp.’s loan portfolio grew in the first quarter as collection rates stabilized.  Credit Acceptance Corp. ...

First-quarter earnings continued last week, with Capital One Auto Finance, GM Financial and Consumer Portfolio Services reporting mixed results, in ...

Higher retail sales along with an increase in average loan amounts financed and a stronger share of U.S. loan financing ...

Huntington’s auto book shrank during the first quarter despite an uptick in originations as the bank prioritizes higher returns.  Huntington ...

Fifth Third’s auto book shrank in the first quarter as the bank shifts focus to high-quality loan production.   Indirect secured ...

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