Auto loan demand strengthens in Q4 (Big Wheels)
Consumer demand for auto loans strengthened in the fourth quarter while fewer banks tightened credit standards, although forecasts indicate that ...
Tag: underwriting-BW
Sales offset auto ABS issuance drop in December (Big Wheels)
A rise in auto sales offset a decline in auto asset-backed securitization issuance in December, contributing to stronger auto finance ...
Auto loan rates drop further following latest Fed cut (Big Wheels)
Auto loan rates on new and used vehicles fell year over year in December following the third consecutive rate cut ...
Drop in ABS issuance contributes to weakened industry performance (Big Wheels)
The auto finance industry’s overall performance weakened month over month and year over year in November, driven by a decline ...
Auto finance industry performance trending up (Big Wheels)
A sequential dip in auto loan rejection rates and an increase in auto asset-backed securitization issuance contributed to an improvement ...
Average auto loan rejection rate highest since 2013 (Big Wheels)
The average rejection rate for auto loans through October increased year over year to the highest reading since 2013. The ...
Fed: Auto loan demand weakens, standards same (Big Wheels)
Consumer demand for auto loans fell in the third quarter as credit standards were largely unchanged. Demand weakened on ...
Model year 2024 average price at $53K (Big Wheels)
The average price of a new model year 2024 vehicle available for sale sits at $53,399 as of today, while ...
