Editor’s pick: Top features of 2023
Auto lenders may have slowed loan production in 2023, but they were busy. From fighting new forms of fraud to…
Auto lenders may have slowed loan production in 2023, but they were busy. From fighting new forms of fraud to…
The used-car industry isn’t exactly on firm footing, going by recent events. A major lender went bust just before a…
Credit Acceptance Corp.’s originations jumped for the seventh consecutive quarter as compressed margins and stricter access to capital prompted other…
Pandemic and post-pandemic originations were initially some of the best most companies experienced. Borrowers were flush with stimulus funds and…
Powersport lenders are enhancing technology and buyer programs to improve customer and dealer experiences heading into 2025. Affordability concerns have…
Auto asset-backed securitization volume in the first half of September outperformed the issuance volume reported in 2023, with 11 financiers…
While the Federal Reserve cut the federal funds rate on Sept. 18, it will take time for the impact of…
Auto outstandings rose 0.7% sequentially and 2% year over year in the second quarter as auto portfolios grew, though more…
President Donald Trump unveiled a slew of new tariffs that boosted the average US rate on goods from across the…
Ally Financial today announced companywide layoffs as the financier looks to simplify its leadership and organizational structure. “To better align…
Chase Auto has cut funding time to minutes using technology, and expects more contracts to be funded faster by yearend. …
Oregon Community Credit Union is leaning back into growth in auto after slowing originations and has issued an auto asset-backed…
US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying to bring price pressures…
Auto Finance News is conducting a brief survey to uncover critical insights into the future of the lending market. As…
The auto industry is bracing for the short- and long-term headwinds from tariffs as President Donald Trump warned of ‘adjustment…