Tag: delinquencies

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing. ...

Consumer Portfolio Services‘ originations rose 75% year over year in the second quarter while credit performance improved.  CPS purchased $757.7 million of ...

Ally Financial, Capital One and Huntington Bank posted mixed results in the second quarter for auto originations and credit performance.   Ally Financial’s auto originations rose 20.9% year ...

Net losses remained steady on a sequential and annual basis across securitized prime auto loans in June, though nonprime losses ...

GM Financial‘s originations declined 5.4% year over year in the second quarter as vehicle sales slowed.  Loan and lease originations tallied $14.1 ...

Wells Fargo Auto’s originations continued to climb in the second quarter as the bank leans into auto amid its financing ...

PenFed Credit Union came to market with its first auto asset-backed securitization deal of 2026, joining several financiers that issued deals ...

Net losses improved on a sequential basis across securitized prime and nonprime auto loans in May but grew year over ...