Warburg Pincus is in the early stages of weighing a sale of subprime auto lender Exeter Finance that could fetch $2.5 billion ...

The New York Attorney General and 12 other state attorneys general have sued lender OneMain Financial, saying OneMain misled ...

Total auto asset-backed securitization issuance fell through mid-March as volume by loan type mostly declined.

Global Lending Services is eyeing continued originations growth, additional funding opportunities following its acquisition by Sixth Street ...

The auto finance industry continues to navigate heightened economic uncertainty as the Iran war drives oil prices higher, adding pressure ...

The Department of Justice reached a $500,000 settlement with CarMax regarding allegedly wrongful repossessions ...

Automotive company stocks are down amid continued affordability challenges, rising oil prices and electric vehicle restructuring.

Lenders are experiencing a surge in auto refinance volume across the credit spectrum as customers look to pay off their car loans ...

Overall auto credit availability improved in February, driven by increased subprime borrowing and more longer-term loans, despite a decline in loan approval rates. Auto lenders must balance making ...

Auto spreads have widened as financial markets react to the Iran war, increasing the probability for an uptick in funding costs for lenders. Spreads for two-year, AAA-rated auto prime and subprime ...

Volvo Financial Services appointed Tabitha Brace as senior vice president of finance and chief financial officer, the company announced.

U.S. auto dealers are entering the spring selling season with growing optimism despite continued pressure from affordability challenges ...