Tag: Federal Reserve

The U.S. Federal Reserve delivered an emergency half-percentage point interest rate cut Tuesday in a bid to protect the longest-ever ...

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

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

Apparently, Halloween is the new Christmas in auto finance. Yesterday, the Federal Reserve gifted the industry a 25-basis-point interest rate ...

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

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

According to a June 12 settlement announced by the Federal Trade Commission, back in 2015 an employee of Iowa-based LightYear ...

Lenders did little to tighten auto loan underwriting last quarter despite worsening delinquency trends. Last quarter, 3.5% of bank respondents ...