gas prices

January 8, 2020

Recession Risk Tops CEO List of 2020 Fears

Fear of an economic decline topped the list of U.S. chief executives’ concerns going into 2020, according to a survey from the Conference Board.  The year […]
January 7, 2020

Auto Lenders and Borrowers to Weather Headwinds in 2020

Analysts are anticipating U.S. consumers to have another year of positive credit activity, marking one of the longest periods of sustained consumer credit health in recent […]
November 19, 2019

Consumer Spending Slows, Economy Losing Momentum

U.S. consumers are doing fine, but they don’t look like the force they were earlier in the year.  Retail sales rose 0.3% in October from a […]
September 27, 2019

Mortgage Fraud Risk Declines

Mortgage application fraud risk plummeted in the second quarter as refinance loans poured into the market, according to CoreLogic. The risk of fraud on a mortgage […]
September 25, 2019

Auto Loan Balances Reach Another Record High

Auto loan amounts increasd in the second quarter with the average new vehicle loan hit $32,119 (up $1,161 YOY).  Average used vehicle loan amounts reached $20,156 […]
March 21, 2018

Auto Finance Delinquencies Level Off; Volume Up

Serious auto finance delinquencies (60 days or more past due) “plateaued” in the fourth quarter, remaining relatively flat at 1.43% as compared with the prior-year quarter, […]
December 21, 2016

Subprime Borrowers Have Stopped Paying Auto Loans

More Americans are behind on their auto loans, which is keeping some banking experts up a night.  Roughly 6 million individuals are at least 90 days late […]
November 22, 2016

Modest Economic Growth Expected in 2017

The U.S. economy is expected to continue growing modestly in 2017, but the unknown about policies to be enacted by President-elect Donald Trump’s administration pose both […]
November 10, 2016

Has Auto Lending Lost Its Luster?

Regulators have been warning about frothy conditions in the market for automobile loans. But things had to hit close to home – shrinking loan yields and […]