Editors’ picks: Top features of 2024Â
Auto Finance News each month takes a deep look at topics defining the auto finance industry. These features provide a ...
Tag: Recoveries
ThunderRoad Financial taps into ‘eventual recoveries’Â
Powersports lender ThunderRoad Financial has garnered strong recoveries on difficult-to-find motorcycles, prompting the lender to pursue units even years after ...
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 ...
Lenders battle recovery woes with collections, servicing strategies
Auto lenders must creatively prioritize servicing and collections initiatives as recovery rates fall to historically low levels across the industry, ...
Podcast: ‘Weekly Wrap’ on credit tightening, performanceÂ
The auto finance industry continues to face a tightened credit environment, worsening credit performance and recoveries, and shrinking subprime market ...
Lower prices, rising repo costs contribute to falling recoveriesÂ
Securitized auto loan recoveries aren’t likely to improve in the coming months as used-vehicle values decline and repossession costs rise. ...
When is repo valid? Regulators probe repossession practices
Repossession agents are facing headwinds as they try to meet growing lender demand, and the situation is now drawing the ...
3 ways to improve recovery rates
Auto lenders need to take a close look at their repossession policies and procedures as regulators home in on the ...
