Auto originations saw a modest increase industrywide in the second quarter despite ongoing affordability challenges.  Auto originations totaled 6.4 million…

Auto asset-backed securitization volume year to date is 38.3% higher than a year ago, driven largely by an increase in…

With the cost of living on the rise, consumers are increasingly strapped for cash, pitting auto financiers against mortgage providers,…

Valley Strong Credit Union is vetting dealers based on deal quality and fraud risk as it looks to expand its…

Industrywide auto outstandings increased year over year and sequentially in the third quarter, but growth is slower compared with previous…

The U.S. Senate reportedly slashed the provision to drop the Consumer Financial Protection Bureau’s funding to 0% from 12% in…

EV manufacturer Rivian’s deliveries ramped up in the fourth quarter, contributing to a jump in revenue.  The Irvine, Calif.-based company…

Subprime auto lender FinBe USA is incorporating AI, machine learning, fraud prevention and additional data into its risk-based pricing and…

The auto asset-backed securities market has been busy this week with nearly $5 billion of new issuance volume as prime…

Bank of America is investing in streamlining the refinance application process and expanding prequalification options as the lender works to…

Captive lenders will remain aggressive in the auto space this year after tapping back into auto loans at the close…

Automakers are keeping prices steady for now as tariffs take effect. Dealerships know pricing will get less competitive as long-term…

Tricolor Holdings trustee Anne Burns can use up to $275,000 of the company’s cash to keep up insurance on Tricolor’s…

Ally Financial has improved employee retention, increased promotion rates and encouraged engagement from team members and management through its employee…

Cracking the code of smarter funding automation Building true automation into the auto lending contract funding process is a balancing…