Navy Federal Credit Union logs record $12B of auto originations in 2021
Navy Federal Credit Union booked $12 billion in auto loans in 2021, exceeding its 2020 origination volume by 14%. “It’s ...
Navy Federal Credit Union booked $12 billion in auto loans in 2021, exceeding its 2020 origination volume by 14%. “It’s ...
Consumer complaints related to vehicle loans and leases increased 12% in 2021, but those centered on the collection of debt ...
Fifth Third intends to maintain its underwriting criteria amid elevated used-vehicle values as loan-to-value (LTV) ratios drop in its growing ...
Trends began to surface as fourth-quarter 2021 earnings reports continued to file in during the past week, with Ally Financial, ...
Ally Financial’s floorplan outstandings grew in the fourth quarter as the lender gained momentum in a rising rate environment. While ...
Floorplan-backed securitizations all but disappeared in 2021. Nextgear Capital was the sole floorplan securitizer with a single $500 million transaction ...
Citizens One Auto Finance’s portfolio grew yet again in the fourth quarter, marking the fourth consecutive quarter of year-over-year growth ...
Auto loan production in the fourth quarter pushed up U.S. Bank’s retail loan growth as the lender prepares for more ...