Tag: auto originations

Consumer finance platform LendingTree laid off an undisclosed number of employees this week, four months after the death of its founder and ...

LAS VEGAS — Bank of America’s auto originations rose in the fourth quarter as the bank eyes expanding the vehicles eligible for 84-month-term ...

Credit Acceptance Corp.’s originations declined in the fourth quarter as the company eyes growth with franchise and large independent dealers alongside AI ...

GM Financial’s originations declined in the fourth quarter as finance penetration shrank and vehicle sales slowed.  Loan and lease originations came in at $12.6 ...

Lender Octane has entered the auto market with a Captive-as-a-Service offering for auto dealership groups, the lender announced today.  The program aims to help dealership groups boost profitability, retain customers and build long-term ...

Banks reported growth in auto originations in the fourth quarter as credit performance was mixed.   Auto originations at Ally Financial, Capital One, Chase Auto, U.S. Bank and Wells Fargo increased year over year, according to ...

Capital One Auto Finance’s originations rose year over year in the fourth quarter despite a downtick sequentially amid competition.  The bank’s auto originations rose 8.5% YoY but declined 5% quarter ...

Ally Financial’s originations rose in the fourth quarter as credit performance improved following underwriting adjustments.   Auto originations landed at $10.8 billion in Q4, up 4.9% year over year compared with $10.3 billion but down ...