CPS sees decline in Q4 originations amid low-interest competition
Consumer Portfolio Services prioritized credit quality over loan volume during the COVID-19 pandemic, leading to decreased origination volume in the ...
Tag: originations
GM Financial originations surge 25% in Q4
GM Financial is the latest auto lender to finish the year on a high note, despite a global pandemic that ...
Santander Consumer USA posts record low NCOs
Santander Consumer USA logged record-low net charge-offs on the year, thanks to government stimulus, low delinquency levels, strong used-vehicle prices ...
Capital One releases $39M in auto ACL as delinquencies, NCOs rise
Capital One Auto Finance has posted quarterly earnings metrics in line with the growing trend of decreased origination volume, and ...
Chase Auto originations continue to shine through year-end
Chase Auto’s origination volume closed out the fourth quarter and the year in a strong position, despite the pandemic depressing ...
California lien volume pumps up in Sept.
Auto lenders operating in California — the nation’s second-largest auto market — saw a surge in lien volume created through ...
Flagship Credit partners with Pagaya to expand financing options
Flagship Credit Acceptance has partnered with fintech asset manager Pagaya to expand financing products to its dealer network and increase ...
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 ...
