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New and Used Car Loan-to-Value Ratios Decline Year-Over-Year
New and used vehicle loan-to-value (LTV) ratios fell 6.6% and 5.0%, respectively, in Q4 2023, according to Experian’s Q4 State of the Auto Finance Market. The average new vehicle MSRP rose to $41,703 in Q4…
January 2024 Sees Surge in Construction Inventory
There has been a significant spike in construction inventory during the month of January, indicating a potential uptick in construction activity. According to a report from Equipment Finance News, this surge in inventory suggests a…
Adapting Banking for 2024: Innovation & Collaboration
Banks are adapting to the rapidly evolving landscape of the banking industry in 2024. There is heightened importance on agility and innovation in responding to emerging trends such as digitalization, changing customer preferences, and the…
SEC’s Disclosure Rules Set to Transform Private Equity Landscape
New SEC disclosure rules are designed to bolster transparency and mandate private equity firms to divulge comprehensive details about their investments, fees, and potential conflicts of interest. This heightened transparency aims to enhance investor trust…
Lower Financing Costs and Pent-Up Demand to Drive 2024 Car Purchases, Dave Cantin Group Survey Predicts
Respondents to a recent Dave Cantin Group and Kaiser Associates survey anticipate interest rate decreases in mid-to-late 2024 to release pent-up demand, leading to higher auto sales, particularly for those financing through both traditional and…