Tag: auto originations

Wells Fargo Auto again posted record origination volume with third-quarter originations jumping 70.4% year over year to $9.2 billion. Origination ...

Auto originations grew 32% sequentially in the second quarter as loosened underwriting standards improved credit availability across all credit tiers. ...

The cost of funds continues to remain historically low in the asset-back securities market, prompting Consumer Portfolio Services on June ...

Online used-car retailer Carvana increased its floorplan facility July 1 on the coattails of increasing sales and origination volume, and ...

GM Financial’s off-lease return volume fell to a record low in the second quarter of 2021 as high used-car prices ...

For the first time since the third quarter of 2020, Huntington Auto Finance’s auto originations grew, clocking in at $1.9 billion, a 58% year-over-year ...

Credit Acceptance Corp. continues to navigate multiple inquiries into its loan practices in the second quarter, which was marked by ...

Capital One is the latest auto lender to experience a swing from net charge-offs to net recoveries and auto book ...