Tag: delinquencies

Auto lenders with a large presence in the Southeast may need to pay closer attention to delinquencies as some of ...

Delinquencies climbed in the second quarter across prime and super prime auto loans as affordability pressures continue to prompt a shift toward longer-term loans.  The industrywide ...

Performance across prime auto loan asset-backed securities remained stable year over year in July, while nonprime performance weakened.  The prime annualized net ...

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 ...