Several lenders that typically issue one auto asset-backed securitization deal per year came to market in the past week despite a dip in overall ABS issuance. Space Coast Credit Union (SCCU) issued a ...

HorsePower Financial Services has extended its credit facility with Pier Asset Management as it looks to broaden powersports ...

Shares of Western Funding, an indirect auto lender and subsidiary of Westlake Technology Holdings, will begin trading on the ...

In auto lending, bust-out fraud is one of the most expensive schemes lenders encounter — and one of the easiest to miss. A borrower with a clean credit history, a plausible income document and a ...

Auto lenders are facing higher losses tied to lease terminations, especially as EVs come off lease with lower-than-expected residual values.

Navy Federal Credit Union lowered auto interest rates as consumers grapple with a total higher cost of vehicle ownership due to maintenance, insurance, fuel and registration costs. The credit union is ...

Bank of America’s auto originations dipped in the first quarter as it continues to prioritize higher-quality ...

Banks are detailing their private credit exposure to boost transparency amid questions from investors. Executives from ...

Dow Jones Transportation Average, which weighs members by their share price rather than market value, was dragged down by ...

Cox Automotive has agreed to acquire Fullpath, an AI-powered customer data platform and marketing automation provider, ...

With rising vehicle prices and a shift toward longer loan terms, more customers are saddled with higher negative equity.