Tag: subprime

More dealerships are courting subprime auto lenders as larger financers slow down or stop nonprime borrowing or exit auto originations ...

Access for auto loans improved in August thanks to longer terms and more subprime borrowing, despite year-over-year increases in new- ...

Truist is selling $5.5 billion in auto loans and exiting near-prime auto lending, the bank announced today.   The transaction represents ...

Banks financed more nonprime auto loans in the second quarter as more subprime borrowers enter the market and some lenders ...

Subprime loan performance weakened as demand rose in the second quarter, while prime performance was steady. The American Financial Services ...

Smaller subprime lenders without the access to capital or dealer networks of their bigger competitors are looking for ways to ...

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators.   “It's an important source of capital ...

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing. ...