The Federal Reserve Bank of Philadelphia’s Supervisory Research Forum (SURF) and Consumer Finance Institute (CFI) hosted their latest event in a conference series examining emerging trends in the auto lending market.

With more than $1.3 trillion in auto loans outstanding, the auto market and its portfolio trends, risks, and consumer impacts are strategically important to the economy. The conference agenda included the status of the auto credit market, industry trends, auto pricing and dealer incentives, competition, and consumer protection. The event aimed to provide regulators, industry experts, and academic contributors an opportunity to share insights on the auto market, auto lending, and consumer welfare in an emerging landscape.

Download the conference booklet for speaker bios and the detailed agenda.

Watch select sessions

Download presentations from select speakers

Auto Lending Under the COVID-19 Environment by Melinda Zabritski, Experian Automotive

Auto Market Update and Outlook for 2021 and Beyond by Patrick Manzi, National Automotive Dealers Association

Rise of the Machines: The Impact of Automated Underwriting by Amin Shams, Ohio State University, and Mark Jansen and Hieu Nguyen, University of Utah

Conspicuous Consumption: Vehicle Purchases by the Credit Constrained by Wenhua Di and Yichen Su, Federal Reserve Bank of Dallas 

Current State of the Used Car Market: Inventory and Valuation by Russ Walsh, Ally Bank

COVID-19 Credit Score Trends and New Model Developments by Ethan Dornhelm, FICO

Racial Discrimination in the Auto Loan Market by Alexander W. Butler and James P. Weston, Rice University, and Erik J. Mayer, Southern Methodist University

Spillover Effects of the Opioid Epidemic in Auto Finance by Mark Jansen, University of Utah

Competition and Selection in Credit Markets by Anthony Lee Zhang and Constantine Yannelis, University of Chicago

Auto Dealer Loan Intermediation: Consumer Behavior and Competitive Effects by Jonathan A. Lanning, Federal Reserve Bank of Chicago; David C. Low, Consumer Financial Protection Bureau; Andreas Grunewald, Frankfurt School of Finance and Management; Tobias Salz, Massachusetts Institute of Technology

Consumers' Declining Power in the Fintech Auto Loan Market Pamela Foohey, Yeshiva University

To learn more about SURF or to join our mailing list, visit the Supervisory Research Forum. For more publications and research from the Consumer Finance Institute, click here.