Tag: Premium

Veros Credit to open new Texas service center

July 21, 2022

Santa Ana, Calif.-based subprime auto lender Veros Credit is opening a new dealer and customer service center in Irving, Texas, ...

Truist auto portfolio grows 3% YoY on prime gain

byJoey Pizzolato

July 20, 2022

Truist grew its auto portfolio in the second quarter as its prime auto lending business gained traction following Q4 2021 ...

Signage is displayed outside a Citizens Financial Group Inc. bank branch in downtown Boston, Massachusetts, U.S., on Tuesday, Oct. 10, 2017. Citizens Financial Group Inc. is scheduled to release earnings figures on October 20. Photographer: Scott Eisen/Bloomberg

Citizens eyes further pullback on auto lending in Q3

byAmanda Harris

September 18, 2024

Citizens One Auto Finance’s outstandings fell sequentially in the second quarter as the bank continues to focus on its commercial ...

US Bank loan and lease production plunges in Q2

byJoey Pizzolato and Riley Wolfbauer

September 18, 2024

Indirect loan and lease production at U.S. Bank fell 60% year over year in the second quarter while the market ...

CFPB reinforces stance on shared credit reports

byAmanda Harris

July 28, 2022

The Consumer Financial Protection Bureau (CFPB) has reinforced its stance that companies that use and share credit reports must obtain ...

Ally Financial posts positive recovery on NCOs, surging lease yields in Q2

Ally Financial originations increase 3% YoY to record $13B

byJoey Pizzolato

September 18, 2024

Ally Financial logged its highest quarterly origination volume since 2006 in Q2 amid tight vehicle supply and rising interest rates ...

Bank of America auto outstandings increase 9.5% YoY in Q2

byAmanda Harris

September 18, 2024

Bank of America continued to grow its auto book during a quarter marked by a decline in banks’ auto lending ...

Listen: Weekly Wrap discusses the Q2 earnings kickoff

byJoey Pizzolato

July 18, 2022

Last week, second-quarter earnings season kicked off with Chase Auto, PNC Financial and Wells Fargo Auto reporting drops in auto ...

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MARKET SNAPSHOT

Tag: Premium

Veros Credit to open new Texas service center

Truist auto portfolio grows 3% YoY on prime gain

Citizens eyes further pullback on auto lending in Q3

US Bank loan and lease production plunges in Q2

CFPB reinforces stance on shared credit reports

Ally Financial originations increase 3% YoY to record $13B

Bank of America auto outstandings increase 9.5% YoY in Q2

Listen: Weekly Wrap discusses the Q2 earnings kickoff

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