million in September, a 60% decrease from the same month last year. For the nine months ended Sept. 30, it originated $7.9 billion, down 35% from the same period last year.

Resource said it made $51.9 million of subprime loans in September, off 3% from the same month last year. For the first nine months, subprime loans totaled $552.1 million, up 32%.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.