Tag Search Result


Auto Originations Up 17 Percent in 3Q, Reports Capital One

An increase in auto and commercial loan originations helped fuel a 1 percent profit gain in the third quarter for Capital One Financial Corp., the company reported last week.

Read more

Auto Loan Originations Reach Prerecession Levels, Equifax Reports

New-vehicle loan originations were up 15 percent in the first half compared to the same period last year, according to Equifax.

Equifax Report: Auto Loan Originations Up 20 Percent in Q1 2011

First quarter originations shot up 21 percent from the same period last year, with March originations eclipsing what was recorded during the Cash for Clunkers summer of 2009.

Originations Increase as Payment Patterns Improve, Reports Equifax

Equifax’s national monthly report showed increases in originations for auto, bankcard, consumer finance and home equity revolving lines on a year-to-date basis.

Ally Sees 72 Percent Increase in Originations in 2010

Ally Financial Inc. (Ally) today reported its fourth consecutive quarter of profitability with net income of $79 million for the fourth quarter of 2010, compared to a net loss of $5 billion for the year-ago period.

GM Financial Posts Income of $51 Million in September Quarter

General Motors Financial Company Inc., formerly known as AmeriCredit Corp., reported net income of $51 million for the quarter ended Sept. 30, 2010.

Capital One Grows Originations in 2Q

Capital One Auto Finance increased originations by more than 31 percent from the first quarter of 2010, according to the company’s second-quarter financial report. Total originations now account for more than $1.8 billion in loans for the full-spectrum lender.

1Q Auto Loan Delinquency Rates Fall More Than 18 Percent

Consumer payment behavior continues to improve, with TransUnion reporting that the national 60-day delinquency rate fell 18.52 percent in the first quarter of this year to 0.66 percent.

Dealers Move Closer to Exemption From Wall Street Reform

The United States Senate demonstrated bipartisan support for auto dealers on Monday, voting 60-30 to approve a “motion to instruct” lawmakers to include the Brownback Amendment in future versions of the financial regulation bill.

Read more

GMAC Reports 3Q Loss of $767 Million

GMAC Financial Services reported a third quarter 2009 net loss of $767 million, an improvement from the net loss of $2.5 billion in the year-ago period.

a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account