Tag: delinquencies

Wells Fargo Auto’s originations jumped 110.9% year over year in the first quarter as the bank continued to reap benefits ...

Credit delinquencies across securitized nonprime auto loans reached their highest level in seven years as seasonal trends associated with the holidays slowed payments.   The rate of nonprime securitized auto loans 30- to 59-days past due ...

Capital One Auto Finance’s originations rose year over year in the fourth quarter despite a downtick sequentially amid competition.  The bank’s auto originations rose 8.5% YoY but declined 5% quarter ...

CarMax Auto Finance’s delinquencies rose across its securitization trust in December, although improvement is expected in 2026 as consumers receive their tax ...

Ally Financial’s originations rose in the fourth quarter as credit performance improved following underwriting adjustments.   Auto originations landed at $10.8 billion in Q4, up 4.9% year over year compared with $10.3 billion but down ...

December saw the most subprime consumers at least 60 days late on their monthly auto payments in recorded history amid ...

Wells Fargo Auto’s originations more than doubled in the fourth quarter as the bank’s relationship with Volkswagen drove growth.  Originations came in at $10.2 billion, up 104% year ...

Chase Auto’s originations ticked up in the fourth quarter as credit performance was stable and lease volume rose.  Auto originations came in at $10.8 billion, up 1.9% ...