S&P warns about subprime auto bonds from Flagship, CarFinance
Subprime bonds backed by Flagship Credit Acceptance LLC and CarFinance Capital LLC loans have been placed on negative outlook due ...
Subprime bonds backed by Flagship Credit Acceptance LLC and CarFinance Capital LLC loans have been placed on negative outlook due ...
Third-quarter earnings season continued last week with Ally Financial, Bank of America, Citizens, Fifth Third, Huntington Bank, Truist and U.S. ...
Auto lender Credit Acceptance Corp. logged portfolio growth through the first half of the year amid wider industry credit performance ...
Credit Acceptance Corp. logged an increase in originations in the second quarter as yields ticked up and forecasted collection rates ...
Ford Credit’s consumer portfolio grew in the second quarter while credit performance remained steady and lower financing margins drove down ...
Banks continued pulling back on auto in the second quarter, with nearly every bank except Chase Auto posting year-over-year declines ...
Wells Fargo Auto tightened credit amid continued pricing competition in the second quarter as origination volume slowed and the bank’s ...
CarMax Auto Finance is the latest auto lender to brace for an increase in delinquencies ahead of second-quarter earnings season ...