Tag: PenFed Credit Union

PenFed Credit Union came to market with its first auto asset-backed securitization deal of 2026, joining several financiers that issued deals ...

Capital One in June named Sean McClure its managing vice president and chief counsel for the financial services division.   McClure joined Capital One ...

Lenders are increasingly packaging auto loans with terms of 72 months or longer into asset-backed securities deals as more consumers opt to spread out vehicle costs to lower monthly payments.  Longer-term loans ...

Auto finance leaders are focusing their 2026 strategies on consumers’ price concerns as buyers shift toward used vehicles and lower ...

Auto Finance News is pleased to announce that Chris Kleczynski, a product and lending executive and independent advisor, will join a panel ...

Lenders are preparing for a used-vehicle market boost as consumers look for more affordable cars amid high prices and inflationary ...

Fraud exposure is expected to cost the auto finance industry 8.7% more year over year in 2026, as schemes become ...

Auto lenders are eyeing automated tools and AI for information on borrowers’ habits and repayment history. Tysons, Va.-based PenFed Credit ...