Tag: delinquencies

Consumer Portfolio Services’ originations grew in the second quarter while credit performance weakened. The Irvine, Calif.-based lender’s originations rose 24.7% ...

Credit performance across prime and nonprime securitized auto loan pools continued to weaken in June, driven by seasonal consumer spending ...

Ford Credit’s earnings declined in the second quarter while the lender’s portfolio increased, and the captive resumed distributions to parent ...

Increased lease production contributed to an uptick in GM Financial’s consumer portfolio in the second quarter as the captive’s floorplan ...

Bank of America’s auto originations fell in the second quarter, while the bank’s dealership financing portfolio grew.  Originations totaled $6 ...

Using alternative data supports accurate risk-based pricing for auto lenders and helps account for losses.  Some lenders continue to rely ...

SAN DIEGO — Some credit unions plan to rework underwriting standards and tap into technology to support financing volume growth ...

Short-term delinquencies are on the rise as credit access remains tight and high monthly payments continue to squeeze consumers.   The ...