Latest from Fed & 3 economists on potential recession & interest rates
Minutes from the June meeting of the Federal Open Market Committee showed the Federal Reserve sees how an official recession could surface later this year.
And getting that retail installment sales contract bought by your dealership’s network of finance companies is likely part of the scenario drawing the attention of policymakers.
According to the Fed’s meeting minutes ...
November 06, 2026
The Association of Dealership Compliance Officers (ADCO) and the National Automotive Finance Association both recently rolled out revamped resources to help dealers and finance companies navigate the ongoing task of maintaining processes within state and federal guidelines. ADCO hosted an educational webinar with Association of Finance & Insurance Professionals (AFIP) president Shannon Robertson and Hudson […]
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November 06, 2026
As TransUnion highlighted that originations in that segment already are on the rise, Agora Data this week expanded its dealer funding program to help dealerships better serve near-prime customers, including those with FICO scores of 660 and below. The fintech company providing capital, technology, and portfolio solutions for the automotive industry said its program now […]
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November 05, 2026
TransUnion’s Q3 2026 Credit Industry Insights Report (CIIR) contain details about auto originations that are one quarter in arrears to account for reporting lag. But that probably won’t take away from the significance of what’s happening in subprime that analysts reported on Thursday. Auto loan originations totaled 6.8 million in the second quarter, That’s 2.3% […]
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