Tag: Santander Consumer USA

Payment extensions on auto loans securitized in the asset-backed securities market declined for the second straight month in June, according ...

The auto asset-backed securities market has long been known for its resiliency. During the credit crisis, securitized pools of auto ...

Santander Consumer USA joins more than eight other lenders in upping its allowance for credit losses on a quarterly basis ...

In late February, the financial department at Westlake Financial Services noticed something interesting: A few key words kept resurfacing during ...

Complaints reported to the CFPB last month totaled 435, down from 442 during the same month in 2019, a drop ...

Auto loan extensions are gravitating back toward pre-pandemic rates, dropping by an average of 55% in May for each of ...

COVID-19 is changing the Federal Reserve’s oversight of banks, Randal Quarles, vice chairman of supervision at the central bank, said ...

Five prime and subprime auto lenders brought $5.1 billion of asset-backed securities to market this week, marking one of the ...