Tag: Federal Reserve Bank of New York

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to ...

The Secured Overnight Financing Rate Index, which tracks the cumulative compounded effect of short-term funding costs in capital markets, increased ...

Auto originations grew 32% sequentially in the second quarter as loosened underwriting standards improved credit availability across all credit tiers. ...

Last year, the chatter amongst lenders in the auto finance industry pointed toward expectations of a recession. Yet, as the ...

© Can Stock Photo / tovovan One of the lasting legacies of the financial crisis is the market’s tendency to ...

© Can Stock Photo / AndreyPopov Nearly half of consumers saw their credit scores increase by 20 points or less ...

Unexpected high costs of vehicle repairs cause “serious financial stress,” for consumers, Mark Manzo, president of Ally Insurance, said in ...

Although auto lenders are tightening credit underwriting standards, originations and auto debt continued to grow this quarter, the Federal Reserve ...