High prices, rising debt add to ‘affordability crisis’
New-vehicle affordability was flat in September as consumers faced ongoing challenges related to high prices, elevated interest rates and rising ...
New-vehicle affordability was flat in September as consumers faced ongoing challenges related to high prices, elevated interest rates and rising ...
Auto outstandings rose 0.7% sequentially and 2% year over year in the second quarter as auto portfolios grew, though more ...
LAS VEGAS — Interest rates will need to fall further to make powersports financing more attractive. In its first ...
LAS VEGAS — Prolonged high interest rates will affect lender appetite in the near term, even with falling vehicle prices ...
An increase in synthetic securitizations could affect banks’ overall credit rating assessment as regulators weigh reliance on credit-linked notes for ...
Auto lenders are increasingly using synthetic risk transfer securitizations to offload part of the portfolio’s credit risk to third-party investors ...
While the Federal Reserve cut the federal funds rate on Sept. 18, it will take time for the impact of ...
The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, in an aggressive start to a ...