Refi-related loan extensions could soften delinquency blow
2020 will long be known as the year of the pandemic. For auto financiers, it will also be remembered as ...
Tag: Federal Reserve
Powell’s Fed shifts to more relaxed approach to fight inflation
Federal Reserve Chair Jerome Powell announced a new approach to monetary policy Thursday that takes a more relaxed stance on ...
Subprime credit spreads, murky Q3 outlook: Industry Pulse
Interest rates in the subprime credit tier have surpassed pre-COVID levels and are up more than a point on a ...
Auto ABS: A look at the industry’s golden goose [Feature]
The auto asset-backed securities market has long been known for its resiliency. During the credit crisis, securitized pools of auto ...
Fed ramps up auto bond buying with industry starting to recover
The Federal Reserve’s historic foray into the credit market has benefitted auto companies the most, supporting an industry that’s borrowed its ...
Auto lenders put historic squeeze on underwriting standards, Fed says
Auto lending hasn’t been this pressed in 15 years. According to the Federal Reserve, auto lending underwriting standards have not ...
US jobless claims rose last week for first time since March
U.S. jobless claims rose last week for the first time since March, the clearest sign yet of a pause in ...
US initial jobless claims signal slowing labor-market rebound
Applications for U.S. unemployment benefits posted the smallest weekly decline since March after coronavirus cases surged and reopenings paused or ...
