Tag: auto originations

US Bank’s auto outstandings decreased 2.5% sequentially in the third quarter in line with expectations going into 2022.  Outstandings clocked ...

Bank of America’s auto portfolio grew year over year in the third quarter despite a dip in originations amid deteriorating ...

Chase Auto originations fell 34.8% year over year in the third quarter amid tight vehicle supply and rising rates.  Originations ...

Flagship Credit Acceptance is expanding into direct-to-consumer lending through an equity investment in automotive e-commerce technology provider Blinker.   The ...

Artificial intelligence (AI)-based lending marketplace Upstart’s financing partners in the second quarter originated the platform’s first $10 million in auto ...

Last week the auto finance industry entered the tail end of second-quarter earnings season as used-vehicle values depreciated for the ...

Rising interest rates and wider credit spreads are putting the squeeze on Carvana’s financing business, even as origination volume and ...

Automotive fintech Open Lending’s certified loan volume fell year over year in the second quarter as the industry faces continued ...