Western Funding opens lending to all credit tiers
Western Funding is expanding into full-spectrum lending and loan purchases as it aims to grow its dealer base and portfolio in 2026. The ...
Tag: prime
Auto delinquencies rise 88 bps across securitized nonprime loans
Early-stage delinquencies rose across prime and nonprime securitized auto loans in October, while net losses improved, and auto asset-backed securitization ...
Student debt could raise losses across securitized auto loans
Credit performance across securitized auto loans worsened year over year in May but improved month over month, with the impact ...
Sept. auto ABS volume climbs year over year (Big Wheels)
Auto asset-backed securitization volume in the first half of September outperformed the issuance volume reported in 2023, with 11 financiers ...
Securitized auto loan delinquencies surpass historical levels
Sixty-plus-day delinquencies reached the highest July level since at least 2011 as losses across prime and nonprime securitized auto loans ...
Kawasaki adds Octane as prime lender
Octane Lending is set to offer promotional financing for Kawasaki Motor Corp. recreational units in a move that will expand ...
Under the Hood: Prime lenders propel 50% boost in 2023 ABS volume
Prime auto loan-backed securitization volume shot up 50.7% in 2023, to $77.2 billion, as 13 lenders entered or rejoined the ...
UAW strike may prompt increased recovery rates
A prolonged United Auto Workers strike could reduce vehicle production and limit new-vehicle inventory, potentially prompting an uptick in new- ...
