How subprime lenders face the coronavirus economy

• Marcie Belles
• May 28, 2020
• Capital Markets, Credit Performance, Features, Risk Management

What a difference a few months make. Last year, subprime lenders outpaced banks, captives and...

Daimler Mobility adds $487M for future losses in Q1

• Nicole Casperson and Joey Pizzolato
• April 29, 2020
• Earnings, Risk Management, Sales & Marketing

Daimler Mobility has increased its provisions for credit risk by $487.3 million during the first...

Santander ramps up reserves by $2.5B

• Nicole Casperson and Joey Pizzolato
• April 28, 2020
• Capital Markets, Earnings, Risk Management

Santander Consumer USA has increased its allowance for credit losses by $2.5 billion due to...

Moody’s lifts auto underwriting outlook

• Bianca Chan
• February 17, 2020
• Credit Performance, Risk Management

Moody’s Investors Service softened its assessment last week of auto underwriting to “weaker end of...

Originations fall flat in 3Q

• Joey Pizzolato
• November 13, 2019

New data from TransUnion’s third-quarter Industry Insights Report echoes auto finance executives’ sentiments at the...

CPS keeps losses in check despite fewer extensions

• Marcie Belles
• November 5, 2019
• Credit Performance, Risk Management

Consumer Portfolio Services has been limiting the number of extensions it grants consumers who are...

You’re welcome: The Fed gifts a strong auto finance sector

• JJ Hornblass
• October 31, 2019
• Auto Finance Summit, Capital Markets, Credit Performance, Earnings, Finance, Leasing, Risk Management, Sales & Marketing

Apparently, Halloween is the new Christmas in auto finance. Yesterday, the Federal Reserve gifted the...

Auto ABS Volume Closes In on $60B

• Marcie Belles
• June 5, 2019
• Capital Markets, Credit Performance

Year-to-date auto securitization volume hit $57.8 billion at the end of April, with prime loan...