Tag: delinquencies

PNC Financial is the latest bank to report a shrinking auto book in the third quarter as interest rates rise.  ...

Wells Fargo Auto’s originations declined year over year in the third quarter as a result of increased pricing competition, while ...

Chase Auto originations fell 34.8% year over year in the third quarter amid tight vehicle supply and rising rates.  Originations ...

Subprime automotive consumers are struggling with vehicle affordability as high prices and rising interest rates drive up loan amounts and ...

August marked the third consecutive month of weakening credit performance across prime and subprime auto asset-backed securitization (ABS) transactions as ...

Losses across prime auto asset-backed securitization (ABS) transactions held steady in June and July, even as delinquencies moved closer to ...

Delinquencies on subprime auto asset-backed securitization (ABS) transactions are normalizing against a backdrop of macroeconomic uncertainty that could result in ...

Credit union market share continued to outpace banks in the second quarter as vehicle loan size and monthly payments reached ...