Speed, F&I profitability ‘top of mind’ for dealer-lender relations, captives say
Captives are eyeing higher-profit finance and insurance products and faster lending times to strengthen relationships with dealer networks. Lenders can ...
Captives are eyeing higher-profit finance and insurance products and faster lending times to strengthen relationships with dealer networks. Lenders can ...
Auto lenders may be leaning on AI and technology to gain efficiencies, but sound credit fundamentals remain key considerations for ...
The first chief technology officer hired by Kunes Auto and RV Group and parent company Delavan Holdings said he plans in his first year to establish a consistent technology ...
AI could exacerbate already record-high auto finance fraud, prompting lenders to lean on real-time prevention tools and require greater scrutiny ...
While auto lenders can’t predict the future, capital stress testing can help identify how macroeconomic scenarios may trigger losses. Stress testing varies across auto lending and asset-backed ...
Pagaya Technologies closed its largest-ever auto asset-backed securitization transaction on May 26 after the deal was upsized. The $600 million nonprime auto ABS deal was ...
National auto loan interest rates on new and used vehicles dropped year over year in May despite projections that the ...
As investors look to pour more money into the auto finance sector, lenders must carefully consider the type of investor ...