Auto delinquencies ‘stabilizing’ heading into 2025
Auto delinquencies are expected to stabilize in 2025 as interest rate cuts by the Federal Reserve offer added refinancing opportunity ...
Auto delinquencies are expected to stabilize in 2025 as interest rate cuts by the Federal Reserve offer added refinancing opportunity ...
The share of nonprime consumers financing EVs rose sharply over the past year and has doubled since 2020. In the ...
The volume of auto loans across all lending types containing synthetic identity fraud has increased year over year. One of ...
Auto originations saw a modest increase industrywide in the second quarter despite ongoing affordability challenges. Auto originations totaled 6.4 million ...
Auto loans are burdening consumers, prompting an uptick in refinance demand as interest rates come down and lenders look to ...
Mike Douglas will oversee Chase Auto’s commercial and retail businesses as the bank’s new head of dealer services. Effective this ...
Economic headwinds continued to affect auto origination volume in the first quarter, but affordability concerns eased in the second quarter. ...
The auto finance sector is showing signs of improving affordability and resilient loan production amid gradual dips in vehicle prices ...