Tag: nonprime

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today.   The transaction represents ...

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators.   “It's an important source of capital ...

Net losses remained steady on a sequential and annual basis across securitized prime auto loans in June, though nonprime losses ...

CarMax Auto Finance came to market this month with a $600 million asset-backed securitization deal backed by nonprime auto loans ...

Fintech lender Yendo is expanding its credit products with the launch of an unsecured credit card aimed at nonprime consumers, expanding beyond its vehicle-secured and ...

Subprime auto lenders are tightening credit standards as delinquencies rise, in part from delayed calls to repossess vehicles or slower ...

Auto Finance News is pleased to announce that Scot Hensel, finance director at Kunes Auto Group, will join a panel discussion at Auto ...

Early-stage delinquencies rose across prime and nonprime securitized auto loans in October, while net losses improved, and auto asset-backed securitization ...