Tag: auto originations

Wells Fargo Auto’s originations more than doubled in the fourth quarter as the bank’s relationship with Volkswagen drove growth.  Originations came in at $10.2 billion, up 104% year ...

Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in the fourth quarter, but strong consumer fundamentals are expected to support ...

Chase Auto’s originations ticked up in the fourth quarter as credit performance was stable and lease volume rose.  Auto originations came in at $10.8 billion, up 1.9% ...

New York’s adoption of the 2022 Uniform Commercial Code amendments could increase burdens on smaller dealers and lenders to ensure that documentation meets new requirements.  The changes, which New York passed ...

An uptick in repossessions, continued affordability challenges and weakened credit performance are top of mind for lenders headed into 2026.   The ...

Capital One’s auto finance business hinges on a technology-based approach defined by dealers’ needs — two elements core to who Sanjiv Yajnik, president of ...

Auto finance lenders, dealers and consumers facing affordability and credit performance challenges are proving resilient.  This picture of resiliency prevailed ...

Vroom subsidiary United Auto Credit Corp.’s indirect originations increased in the third quarter as the lender’s portfolio shrank due to ...