Serious delinquencies improve for young borrowers
Serious delinquencies — auto loans 90 days or more past due — for borrowers aged 18 to 29 years dropped ...
Tag: delinquencies
Originations fall flat in 3Q
New data from TransUnion’s third-quarter Industry Insights Report echoes auto finance executives’ sentiments at the Auto Finance Summit that origination ...
CPS keeps losses in check despite fewer extensions
Consumer Portfolio Services has been limiting the number of extensions it grants consumers who are having trouble making their payments. ...
You’re welcome: The Fed gifts a strong auto finance sector
Apparently, Halloween is the new Christmas in auto finance. Yesterday, the Federal Reserve gifted the industry a 25-basis-point interest rate ...
Auto ABS Volume Closes In on $60B
Year-to-date auto securitization volume hit $57.8 billion at the end of April, with prime loan issuance accounting for the lion’s ...
An Explanation of Delinquency Rate Discrepancies Between S&P and the N.Y. Fed
© Can Stock Photo / Angelstorm Inclusion of charge-offs when calculating 90-day delinquencies may spell the difference between the 4.47% ...
Delinquency Rates Likely to Temper in Second-Half 2019, Experian Says
© Can Stock Photo / karenr The prime and super-prime loans that account for more than 60% of all outstanding ...
How Frightening Are Subprime Auto Loans?
© Can Stock Photo / tovovan One of the lasting legacies of the financial crisis is the market’s tendency to ...
