Black Book: Bigger vehicles mean higher losses for lenders

• Joey Pizzolato
• February 17, 2020
• Credit Performance, Risk Management

LAS VEGAS — A large percentage of SUVs and trucks in auto lenders’ portfolios can...

Under the hood: What to expect in 2020

• Joey Pizzolato
• January 16, 2020
• Features, Risk Management, Sales & Marketing

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

You’re welcome: The Fed gifts a strong auto finance sector

• JJ Hornblass
• October 31, 2019
• Auto Finance Summit, Capital Markets, Credit Performance, Earnings, Finance, Leasing, Risk Management, Sales & Marketing

Apparently, Halloween is the new Christmas in auto finance. Yesterday, the Federal Reserve gifted the...

Fed Cuts Rates a Quarter Point, Powell Says Policy in Good Place

• Bloomberg News
• October 30, 2019
• Archives, Bloomberg

Federal Reserve officials reduced interest rates by a quarter-percentage point for the third time this...

AFS 2019: Chicago Fed debunks looming recession forecast

• Bianca Chan
• October 29, 2019
• Auto Finance Summit, Risk Management

LAS VEGAS – A Federal Reserve Bank of Chicago senior economist yesterday discounted the likelihood...

5 lessons to learn from software vendor data breach

• Drew Patty
• August 9, 2019
• Compliance

According to a June 12 settlement announced by the Federal Trade Commission, back in 2015...

Loose auto underwriting points to ‘weak’ credit outlook, Moody’s says

• Bianca Chan
• August 7, 2019
• Credit Performance, Risk Management

Lenders did little to tighten auto loan underwriting last quarter despite worsening delinquency trends. Last...

House Financial Services Committee urges oversight of alt-data

• Nicole Casperson
• July 25, 2019
• Compliance

The use of alternative data by lenders could expand access to credit to more than 40 million...