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: jefferies
How subprime lenders face the coronavirus economy
What a difference a few months make. Last year, subprime lenders outpaced banks, captives and credit unions at a rate ...
Subprime stocks drop $7B in market cap since March
The auto finance sector has been pressured from all sides since COVID-19 took root in the U.S. With vehicle production ...
New Accounting Rule Likely to Hike Lending Costs
As U.S. financial institutions start to implement a new loan-loss accounting guideline this week, Jefferies Equity Analyst John Hecht forecasts ...
