Leveraging Liquidity: Lenders brace for the coronavirus recession [Feature]
Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...
Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...
Eight major banks tightened auto loan underwriting standards in the first quarter, according to the Federal Reserve’s Senior Loan Officer ...
In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...
The auto asset-backed securities market has seen a revival in the last week after nearly a month of no new ...
Bank of America has tapped the Federal Reserve's March 27 option to defer estimated capital impact under current expected credit loss ...
The auto industry might not see its first securitization backed by the Federal Reserve’s term asset-backed loan facility (TALF) until ...
Increased loss reserves from Current Expected Credit Losses (CECL) requirements, and the resulting transparency required from auto lenders, could ease ...
Editor's note: This article first appeared in the April edition of the magazine, available now. After a decade of exponential ...