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If you're looking to buy or sell auto portfolios, this is the group to join.See More
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Marcie Belles commented on JJ Hornblass's blog post 'No IPO for Ally Anytime Soon'
Maybe the IPO will come sooner than we think -- Bloomberg's reporting that Ally might sell ResCap through a prepackaged bankruptcy to a buyout firm. According to the article, ResCap and its advisers "aim to craft a plan for the unit by the…
Marcie Belles commented on Christina Haberstroh's blog post 'Report: Chrysler Mulls Captive Comeback'
Maybe Bank of America could add Chrysler to its private-label financing portfolio with a Chrysler alliance...
Marcie Belles commented on Mike Gibb's blog post 'An Evolutionary Hypothesis'
Are we one step closer? http://econsultancy.com/us/blog/8840-ebay-upgrades-motors-app-to-include-visual-search
President Obama emphasizes auto bailouts as a triumph of his administration - http://ning.it/yvVTkJ
Status posted by Marcie Belles
Portfolio Exchange
If you're looking to buy or sell auto portfolios, this is the group to join.See More
John Warner joined Marcie Belles's group
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Marcie Belles's Videos
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Standing Firm
Posted on January 26, 2012 at 1:03pm 2 Comments 0 Likes
A year ago, Valley National Bank said it wouldn’t cave to irrational pricing. Apparently, the bank has stood its ground.
The bank’s loan portfolio dropped 9% last year ― to $772.5 million from $850.8 million ― in part, because of competition. From the Wayne, N.J. bank’s…
Continue Facebook Auto Finance
Posted on January 13, 2012 at 1:23pm 5 Comments 0 Likes
Think about these statistics: Facebook has more than 800 million active users. Couple that exposure with information about people in the market for a car, and you have the ultimate auto finance lead generator. In fact, maybe Facebook could get a lending license and offer the loans itself.
In a recent report, consultancy Gartner predicted that social media sites may try to create revenue streams by offering insurance and financial services.
"Offering insurance products to their…
Continue Take the AutoFinanceNews.net 2012 Car-Sales Crystal Ball Challenge
Posted on January 5, 2012 at 1:30pm 9 Comments 0 Likes
I think it’s safe to breathe a sigh of relief when it comes to new-vehicle sales. Volume has been gaining traction for two straight years, and all indications point to additional growth in 2012.
Overall, volume was pretty steady last year, with totals surpassing the one-million mark in nine of the 12 months. At 1,243,965 units, December was the year’s second-strongest month, falling shy of the 1,235,006 volume notched in March.
Last year’s SAAR came in at 12.7 million units, up…
Continue Obama Sidesteps Vote with Recess Appointment of Cordray
Posted on January 4, 2012 at 11:00am 1 Comment 0 Likes
Almost six months after nominating Richard Cordray, Pres. Barack Obama plans to bypass a Senate vote and use a recess appointment to install the former Ohio Attorney General as head of the Consumer Financial Protection Bureau.
The move is meant to sidestep the regulatory wrangling that’s been going on for months. In December, Senate Republicans blocked the Cordray appointment. Their contention: The power of the CFPB should not rest in the hands of a single director.
Senate…
Continue Invitation to Participate in the Auto Finance Forecast 2012
Posted on January 3, 2012 at 2:00pm 0 Comments 0 Likes
Three times a year AutoFinanceNews.net and sister publication Auto Finance News conduct the Auto Finance Forecast, which gauges activities and sentiments in the automotive lending and leasing market. How much will originations grow this year? Which direction are delinquencies headed? Are profits on track to climb?
Complete the short survey by Jan. 6 and you'll be entered into a drawing for a $50 giftcard to Amazon.com.…
ContinueComment Wall (22 comments)
- At 12:14pm on April 22, 2010,
Ralph M. Godsey said… - Hello Marcie,
It's a pleasure to meet you. Great job on your posts I have found them very informative. TAA will be exhibiting at the comming Auto Finance Risk Summit in Dallas and if you are going to attend be sure and stop by our booth.
Ralph G.
- At 1:28pm on March 25, 2010,
Phil Maniaci said… - good to be in with the "in" crowd - thanks
- At 2:38pm on March 5, 2010,
David J Pilcher said…
- good to talk with you today.
- At 12:23pm on February 17, 2010,
Terri Horn said… - Hi Marcie,
I am sorry I didn't get a chance to introduce myself to you at AFSA. It was nice to see you there and I look forwrd to staying in touch with you. Please let me know if I can be of assistance to you in any way.
Terri Horn
- At 3:05pm on February 16, 2010,
Brad Sutterfield said… - Thanks for the invite!
- At 3:19pm on February 8, 2010,
DebbieE said… - Hi Marcie, My name is Debbie Escobedo and I am with Balboa Thrift and Loan in San Diego, CA. I am looking for someone who can give us thier professional assistance in helping us define troubled debt restructures (which regulators consider all auto refinances). We firmly disagree that all refinanced auto loans are troubled debts, so we need to speak to someone who has some experience with this.
- At 1:47pm on February 3, 2010,
Terry Kelly said…
- Hey Marcie, I received your call and will try to get up with you
- At 6:56am on November 26, 2009,
Roger Gewolb said… - Hi Marcie
Hope all great for you PG.
All very well witihme TG and looking for next venture.
See you soon I hope.
Also, can you get them to renew my AFN subscription, please?
Kol Tov
Roger
- At 3:15pm on November 18, 2009,
Brian Olson said… - Marcie - thanks for the invite - hope to talk with you soon....bo
- At 1:27pm on October 30, 2009,
Walter L. Sanders, Esq. said…
- My first comment and I didn't spell "good" correctly! Great first impression!
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