Tag: delinquencies

The auto finance industry continues to face a tightened credit environment, worsening credit performance and recoveries, and shrinking subprime market ...

Securitized auto loan recoveries aren’t likely to improve in the coming months as used-vehicle values decline and repossession costs rise. ...

Auto lenders are likely to further tighten underwriting criteria in the coming months as the rate of new auto loan ...

Earnings season continued last week with GM Financial and Credit Acceptance Corp. reporting a rise in originations and worsened consumer ...

Pandemic-era forbearance programs have run their course, putting auto loan delinquency rates — particularly for low-income borrowers — on an ...

Improved penetration rates contributed to an uptick in GM Financial’s lease originations in the fourth quarter as loan production was ...

Origination volumes in the fourth quarter were mixed across the banks that reported auto lending metrics as some institutions tightened ...

USAA is strategically financing certain vehicle types as banks and independent auto finance companies face a challenging market driven by ...