Tag: auto originations

Allowance for loan losses at Chase Auto held steady as delinquencies and net charge-offs continued their slow march toward normalization ...

Wells Fargo Auto recorded more new-vehicle loan and lease originations than those for used vehicles in the fourth quarter as ...

Bank of America’s auto portfolio grew in the fourth quarter despite an intentional pullback in consumer lending in a larger ...

 Auto Finance News’ top-read stories in 2022 reflect electric vehicle (EV) finance strategies, technology advancements, debt challenges and changing market ...

CarMax Auto Finance is feeling the squeeze of rising interest rates and compressed interest margins as the lender pads its ...

Wells Fargo’s $3.7 billion settlement with the Consumer Financial Protection Bureau includes the largest consumer redress and financial penalty in ...

Financing volume at Carvana dropped for the sixth straight month in October as rising interest rates, record inflation and high ...

Artificial intelligence (AI)-based auto finance startup Lendbuzz is unlikely to issue in the capital markets for the remainder of the ...