August Cox Auto index shows access loosened across most channels, all lender types.
The lenders lost over one point of new-car loan and lease market share in 2022, finds Experian.
Auto lenders, securitization providers continue adoption of digital assets, workflows, but industry headwinds could slow progress.
Also simplifies web address in effort to add to its ease of use.
E-signature and e-contracting technologies are more widespread, but digital e-vault tools for securitization and collateralization are focus for 2023
Credit Acceptance boosts loan volume, value but lowers collection rate forecast.
Inflation and interest rate hikes could dampen consumer demand.
Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.
McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.
Powered by its robust offering, SAF continues to sign dealer agreements and fund loans.
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