Displaying 241 - 260 of 299 in total
Weekly Wrap: Flagship Credit, Vroom forge new partnerships
The auto finance industry saw multiple partnerships take hold last week.
Weekly Wrap: 2021 origination growth and rising fraud
The first half of 2021 is projected to see increased auto originations as the world prepares for the launch of the COVID-19 vaccine as well as car sales driven by pe...
Weekly Wrap: Dwindling subprime, falling interest rates and AFN’s Executive of the Year
Last week, Auto Finance News announced that its second annual Auto Finance Executive of the Year Award goes to Ravi Raghu, executive vice president of Capital One Auto...
Weekly Wrap: A budding leasing trend and the state of auto ABS
Last week, the Auto Finance News team highlighted an uptick of low-mileage lease options as consumers change their driving habits, which could have lasting implication...
Weekly Wrap: Spotlight on used vehicles
Last week, used-car values in the Manheim Used Vehicle Value Index increased once again after a month of decline back toward normal seasonality. Used-vehicle values ha...
Weekly Wrap: Recovery momentum builds in latest Q3 earnings
This week, the Auto Finance News team took a deep dive into third-quarter earnings for auto lenders and found that, overall, the industry is seeing further signs of re...
Weekly Wrap: Industry pushes forward with cautious optimism
This week, the Auto Finance Summit was in full swing, and a resounding theme among executives in the industry was one of cautious optimism. Initial forecasts surroundi...
Weekly Wrap: Q3 earnings kick off
This week, the Auto Finance News team discussed third-quarter earnings for some of the major publicly traded banks, and found some positive trends.
Weekly Wrap: The auto finance industry’s future
Auto finance industry professionals are keeping a close eye on demand for new and used vehicles, digital tool adoption and potential leadership changes at the Consumer...
Weekly Wrap: Regulators step up enforcement
This week, the Consumer Financial Protection Bureau announced an uncharacteristic enforcement action against subprime lender Lobel Financial, columnist Marcie Belles p...
Weekly Wrap: Auto lenders get creative
Auto lenders continue to experience ups and downs through the COVID-19 pandemic, and it’s becoming clearer by the week what changes are in store for the industry. For ...
Weekly Wrap: Auto industry continues recovery
This week, the auto finance industry may be reaping the benefits of lenders and dealers adapting to offer digital car buying solutions during the height of the COVID-1...
Weekly Wrap: Signs point to recovery
This week, all signs point to the continued recovery of the auto finance sector as the unemployment rate dipped to 8.4% and consumers continued to make partial payment...
Weekly Wrap: Auto industry pulls back on consumer assistance
This week, the auto industry is eyeing potential increases in delinquency rates as long-term deferrals come to an end. Since the COVID-19 pandemic hit the country in M...
Weekly Wrap: digital financing, auto ABS and subprime rates
This week, the news cycle was dominated by the Democratic National Convention and former Vice President Joe Biden’s presidential nomination amid increasing jobless cla...
Weekly Wrap: Carvana, the refi market and compliance
This week, Carvana reported that it was maintaining its tighter credit underwriting policies, an emerging trend Auto Finance News first reported last week in the Feder...
Weekly Wrap: Ford Credit earnings and compliance experts on best practices
This week, Ford Motor Credit propped up Ford Motor Co.’s second-quarter performance with strong consumer loans and leases, and low delinquency rates as major banks tig...
Weekly Wrap: The tail end of Q2 earnings
This week, second-quarter earnings wrapped up on a positive note with presentations from GM Financial, Santander Consumer USA and Harley-Davidson. An Auto Finance News...
Weekly Wrap: subprime performance and captives’ market share
This week, the Auto Finance News team took a deep dive into how the pandemic is affecting subprime lenders. Auto, however, may shine bright in the coming months. Capit...
Weekly Wrap: second-quarter earnings season kicks off
This week Bank of America, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto all reported increases in allowances for credit losses despite a dip in delinquenc...