Tag: Weekly Wrap

Elevated interest rates and inflationary pressures have prompted auto lenders to tighten credit, leading credit unions to step back and ...

Incentives and lower monthly payments are helping drive leasing as vehicle sales improved in November.   More than 27% of prime ...

Delinquencies and net losses in the prime and subprime auto asset-backed securities market continued to increase in September, while captive ...

Higher interest rates are just one challenge facing consumers and affecting their ability to make their car payments.   Auto ...

Affordability, credit performance, cost of funds and regulatory compliance are top of mind for subprime auto lenders as inflationary pressures ...

Auto lenders homed in on subprime financing, liquidity management, technology and vehicle pricing last week during Auto Finance Summit 2023.  ...

Third-quarter earnings season continued last week with Ally Financial, Bank of America, Citizens, Fifth Third, Huntington Bank, Truist and U.S. ...

Chase Auto, PNC Financial and Wells Fargo kicked off third-quarter earnings season last week with mixed results, while consumer credit ...