Vintage used-vehicle loan performance worsening faster than new-vehicle
Credit performance on used-vehicle loans originated in Q2 2022 is deteriorating at a quicker rate compared with used-loan vintages. Meanwhile, ...
Credit performance on used-vehicle loans originated in Q2 2022 is deteriorating at a quicker rate compared with used-loan vintages. Meanwhile, ...
US households showed signs of increasing financial stress in the first quarter, with credit card balances not declining in the ...
Compressed margins, increased pricing competition and a shift toward more profitable lines of business in the first quarter drove attrition ...
The auto asset-backed securitization market is proving its strength once more in a challenging environment as other asset classes in ...
Higher retail sales along with an increase in average loan amounts financed and a stronger share of U.S. loan financing ...
U.S. Bank’s auto originations and outstandings declined year over year as the bank prioritizes high-margin loan growth. Indirect loan and ...
PNC Financial’s auto portfolio shrank for the fourth consecutive quarter as enhanced scrutiny around rates and deposit investments put pressure ...
Wells Fargo Auto tallied a year-over-year decline in originations and outstandings in the first quarter amid tightening credit and pricing ...