GM Financial’s lease originations up 14% year over year
GM Financial’s originations increased in the third quarter as an uptick in leasing volume offset a decline in new retail ...
Tag: delinquencies
Securitized auto loan performance deteriorating
MIAMI — Credit performance across securitized auto loans is deteriorating, particularly in the subprime sector, as consumers feel the pressure ...
U.S. Bank auto originations up 65%
Regional banks’ third-quarter earnings highlighted growth in auto, reflecting similar trends posted by national banks earlier this month. Bank of ...
Chase originations fall 2% year over year
Chase Auto’s origination volume fell year over year in the third quarter while delinquencies inched up. Originations dipped to $10 ...
Off the Lot: What does Auto Finance Summit 2024 have in store?
It’s showtime! The 2024 Auto Finance Summit kicks off today in Las Vegas. It seemed like a good time to ...
Community First CU adds payment insurance to improve loan performance
Community First Credit Union is adding payment insurance to protect against rising delinquencies and improve credit performance for its indirect ...
Podcast: Auto credit performance worsens, prompts provision spike
High rates and rising consumer debt levels still drive a worsening auto loan landscape. Delinquencies and losses rose across ...
Off the Lot: 2025 predictions on performance, leasing, EVs
As the dog days of the sweltering summer heat begin fading into the rearview mirror and the fall color palate ...
