The Changing Landscape of Auto Lending - 2018 Update
|Date:||March 22, 2018|
|Time:||2:00 pm Central|
(3:00 pm Eastern, 2:00 pm Central, 1:00 pm Mountain, 12:00 pm Pacific)
As a result of overwhelming demand, we’re making the automobile market update a recurring web series. In late-2015, Twenty Twenty Analytics noticed that despite improving unemployment, credit quality and other economic indicators, auto collateral values were decreasing at an increasing rate. Compounded by more aggressive underwriting practices, including higher original LTVs and longer terms, LTVs on auto loans were trending higher, and recovery rates on auto charge-offs were diminishing.
For more information, contact Brenda Halverson, CUNA Strategic Services alliance manager, at 608-231-4110, ext. 4034, or firstname.lastname@example.org