Auto rejections reach second-highest rate recorded in October (Big Wheels)
Auto loan rejection rates soared to the second-highest percentage recorded for October in more than a decade amid rising consumer ...
Tag: underwriting-BW
Rising sales, improved stock performance, demand contribute to 14% rise in industry performance (Big Wheels)
An uptick in new-vehicle sales, strong performance of auto finance stocks and higher demand for auto loans contributed to an overall improvement in the auto ...
Increased new-car sales, ABS issuance lead to 32% jump in industry performance (Big Wheels)
A jump in new-vehicle sales and higher auto asset-backed securitization volume contributed to a year-over-year improvement in the auto finance ...
Used-vehicle interest rates drop 26 bps in August (Big Wheels)
The national average for interest rates for new- and used-vehicle loans declined in August as the Federal Reserve teased a ...
Higher demand, sales lead to 27% improvement in industry performance (Big Wheels)
Auto finance industry performance improved in July amid increased auto loan demand, higher securitization issuance and an uptick in new ...
Fed: Auto loan demand grows, standards ease (Big Wheels)
Consumer demand for auto loans is growing amid eased credit standards. The net percentage of banks reporting stronger demand for ...
Auto rejection rates drop to 6.7% in June (Big Wheels)
Auto loan applicants were rejected less often in June amid declining auto loan application rates and an increasing share of ...
Lower rejection rates aid improved industry performance (Big Wheels)
A decline in auto loan rejection rates contributed to improvement in the auto finance industry’s overall health in June, offset ...
