Tag: auto outstandings

Ally Financial’s auto originations declined 22% year over year as the bank prioritized higher-quality credit, while electrified vehicle financing volume ...

Bank of America is gearing up to come to market with its first auto asset-backed securitization deal in over a decade ...

Chase Auto’s origination volume jumped in the second quarter, even as other banks stepped back from auto finance.   Auto ...

Fifth Third is pulling out of indirect auto lending in select western states on the heels of declining auto originations.  ...

Relationship priorities, rising interest rates and changing indirect lending dynamics have contributed to several banks’ recent exits from indirect auto ...

Citizens Financial Group is the latest bank to exit indirect auto lending following four quarters of pullback as the industry ...

Carvana held onto a higher volume of finance receivables on its balance sheet in the first quarter to maximize yield ...

Compressed margins, increased pricing competition and a shift toward more profitable lines of business in the first quarter drove attrition ...