The Warning Against ‘Aggressive’ Underwriting Goes Alternative
Times are good for lenders, but will an interest rate hike, expected later this year, or an economic downturn, end ...
Tag: PNC Financial
The Warning Against ‘Aggressive’ Underwriting Goes Alternative
Times are good for lenders, but will an interest rate hike, expected later this year, or an economic downturn, end ...
PNC Bank Is Scaling Back Its Auto Finance Business
PNC Financial Services Group, the nation's 22nd-largest auto finance company, is "losing share in auto purposely." That's according to Chief ...
PNC Consumer Auto Loan Business Slowing
While PNC Bank saw growth in auto finance last quarter, that growth was slowed because of declining credit quality. “It jumped ...
PNC Sees ‘Disciplined Growth’
Jeffrey Turley, president of dealer finance at PNC Financial Services Group Inc., is “pleased” with the unit’s second-quarter performance, he told ...
PNC Auto Portfolio Grows to $11 Billion
PNC Financial Group reported that its consumer auto loan portfolio grew to $11 billion, up slightly from last quarter’s $10.9 ...
How SunTrust is Managing Its Expansion Into New Markets
On the heels of 25% year-over-year auto loan growth, Atlanta-based SunTrust is branching out operations into Dallas, Chicago, and Boston. ...
Solid First Quarter Earnings Point to Strong 2Q Performance
One quarter into 2014, auto finance originations are on the rise. Huntington Bank posted its best ever first quarter, according to ...
