Tag: Weekly Wrap

First-quarter earnings season kicked off last week to mixed results with CarMax Auto Finance, Chase Auto, PNC Financial and Wells ...

Affordability worsened last week as monthly payments rose and used-vehicle values inched up. Used-car prices rose sequentially for the fourth ...

The Consumer Bankers Association conference was in full swing last week with lenders navigating rising interest rates and turmoil in ...

While auto ABS spreads are widening amid market volatility, tax refunds supported improvement in ABS cure rates in February and ...

Silicon Valley Bank’s collapse continued to reverberate through financial markets last week into Europe as Swiss bank Credit Suisse was ...

Silicon Valley Bank entered Federal Deposit Insurance Corp. receivership on Friday in the wake of a run on the bank. ...

Delinquencies across prime and nonprime securitized auto loans are moving closer to pre-pandemic levels, while rising interest rates and declining ...

The past week was marked by shifting dynamics in auto finance, with Mechanics Bank exiting the indirect auto lending business, ...