Ally reaps $11B in originations last quarter on record application volumeÂ
Ally Financial’s originations climbed 24.5% year over year in the third quarter amid record-high origination volume. Auto originations came in ...
Tag: auto outstandings
Bank of America indirect consumer NCOs dip in Q3Â
Credit performance across Bank of America’s direct and indirect consumer portfolio improved in the third quarter as digital activity also ...
Wells Fargo Auto originations soar 114% with Volkswagen dealÂ
Wells Fargo Auto’s preferred financing arrangement with Volkswagen contributed to double growth of auto originations year over year in the ...
Tricolor bankruptcy contributes to $170M in Q3 charge-offs at JPMorgan Chase Â
The collapse of subprime auto lender Tricolor contributed to $170 million in charge-offs in the third quarter for JPMorgan Chase, ...
Bank of America’s auto originations jump 26%Â
Bank of America’s auto originations climbed in the second quarter as the bank eyes strategic growth across its three business ...
TD Auto Finance’s portfolio rises 1.6% YoY in FY Q3Â
TD Auto Finance‘s originations and portfolio grew in the bank’s third quarter, while the company also invested in additional anti-money ...
Credit Acceptance originations plummet 14.6%Â
Credit Acceptance Corp.’s originations declined in the second quarter as loan performance weakened more than expected. Southfield, Mich.-based Credit Acceptance ...
Carvana originations soar 51%Â
Carvana’s second-quarter earnings showed significant gains in originations and sales. Originations totaled $3.1 billion, up 51.1% year over year and ...
