Tag: auto originations

Automation fintech Open Lending continues to attract financial institutions to its platform as lenders look to expand their auto books ...

There’s no doubt that loan originations systems (LOS) have gained popularity in the automotive lending field, prompting lenders to focus ...

Consumer Portfolio Services’ Chief Executive Charles Bradley hopes to double the company’s portfolio in “a few years” following strong auto ...

Banks and credit unions further reclaimed financing market share in 2021 after losing ground to captives’ generous low-APR incentives in ...

Capital One Auto Finance scaled back its allowance for credit losses in Q4 as consumer credit health remains resilient and ...

Navy Federal Credit Union booked $12 billion in auto loans in 2021, exceeding its 2020 origination volume by 14%. “It’s ...

Fifth Third intends to maintain its underwriting criteria amid elevated used-vehicle values as loan-to-value (LTV) ratios drop in its growing ...

Limited inventory in the new- and used-vehicle markets pushed down Q4 2021 origination volume at Chase Auto as average loan ...