Affordability headwinds pose unique risks for near prime underwriting
Auto lenders might need alternative data sources to underwrite near prime consumers, many of whom expect prime-worthy rates but could ...
Auto lenders might need alternative data sources to underwrite near prime consumers, many of whom expect prime-worthy rates but could ...
Subprime transactions from several lenders are contributing to a strong pace of auto asset-backed securitization volume in 2026, even as subprime collateral performance remains challenged. The overall market for auto ABS is ...
Westlake Financial offloaded $100 million in auto subprime loans to HFC Acceptance a week after issuing its first auto asset-backed securitization deal of the year. Westlake ...
Lender Westlake Financial and online direct lender Carputty are partnering on a prequalification tool borrowers can use to fund vehicle ...
Auto Finance News is pleased to announce that Ian Anderson, group president of Westlake Financial, will join a discussion on ...
Westlake Financial Services is offering fleet financing for dealers that have signed on to mobility platform DriveItAway’s subscription-to-own model. ...
Donald Trump called California “a dumping ground” for “prisoners, terrorists, mental patients” in a September speech. It’s “not a great ...
GM Financial and Westlake Financial are the first entrants into the auto asset-backed securities market in 2023 following a less-than-favorable ...