Weekly Wrap: Q1 earnings kick off with mixed results
First-quarter earnings season kicked off last week to mixed results with CarMax Auto Finance, Chase Auto, PNC Financial and Wells Fargo reporting. In this episode of the Weekly Wrap, Editor Joey Pizzo...
17 Huhti 20239min
Weekly Wrap discussion on soaring payments
In this episode of the Weekly Wrap, Editor Joey Pizzolato and Associate Editors Johnnie Martinez and Riley Wolfbauer discuss the top stories for the week ending April 7 as well as what to expect in th...
10 Huhti 20238min
Weekly Wrap discussion on CBA Live, used market
The Consumer Bankers Association conference was in full swing last week with lenders navigating rising interest rates and turmoil in financial markets. In this episode of the Weekly Wrap, Deputy Edito...
3 Huhti 20237min
Weekly Wrap discussion on capital markets, powersports earnings
While auto ABS spreads are widening amid market volatility, tax refunds supported improvement in ABS cure rates in February and the Federal Reserve raised the federal funds rate by 25 basis points las...
27 Maalis 20238min
Weekly Wrap discussion on Credit Suisse
Silicon Valley Bank’s collapse continued to reverberate through financial markets last week into Europe as Swiss bank Credit Suisse was absorbed Sunday by its top competitor, UBS Group. In this episod...
20 Maalis 20233min
Weekly Wrap discussion on Silicon Valley Bank
Silicon Valley Bank entered Federal Deposit Insurance Corp. receivership on Friday in the wake of a run on the bank. The fallout has cascaded to the auto finance industry. In this episode of “Weekly W...
14 Maalis 202312min
Weekly Wrap discussion of auto ABS, vehicle sales
Delinquencies across prime and nonprime securitized auto loans are moving closer to pre-pandemic levels, while rising interest rates and declining used-vehicle values are expected to lead to higher lo...
6 Maalis 20233min
Weekly Wrap on indirect auto exit, Carvana
The past week was marked by shifting dynamics in auto finance, with Mechanics Bank exiting the indirect auto lending business, while Hyundai Motor America launched its national electric vehicle subscr...
27 Helmi 20237min
