Capital & Funding
Rising Depreciation Rates Won’t Dent Auto ABS
Depreciation rates on used vehicles are approaching levels not seen since the recession. That trend will soon reverse, however, and...
US Bancorp Growth Driven by High Quality Loans
US Bancorp said its earnings report today that auto loan growth continued to offset declines in student lending loan balances....
JPM Chase Reports Strong Q2 Originations
JPMorgan Chase reported the highest auto originations the bank has seen since 2006. Second quarter 2014 auto loan originations for...
Santander, CPS, Credit Acceptance Get Initial Investor Ratings
(CORRECTION AMENDED) Analysts at Compass Point LLC initiated coverage of three auto finance companies July 8. The companies are Santander...
AlixPartners: Cautionary Flags Ahead
The U.S. auto industry may soon hit some speed bumps. While auto sales are forecast to reach 16.3 million units...
Boston Fed to SCUSA: Pay $21 Million
The Federal Reserve Bank of Boston is requiring Santander Consumer USA to bolster parent company Santander Holdings USA Inc.’s capital...
Ford Credit Portfolio Grows to $33.5 Billion
Ford Motor Credit‘s portfolio grew to $33.5 billion through March, versus $32.2 billion during the same period in 2013. In...
Recalls Diminished GM Model Values, Suit Alleges
It’s not yet clear if a new class-action lawsuit against General Motors Co. will impact the car company’s overall loan...
