Regions Total Indirect Portfolio Down 2.8% in First Quarter
Via Wikimedia Commons Regions Financial Corp.'s indirect lending balances decreased overall by 2.78% -- to $3.94 billion -- according to its ...
Month: April 2017
Lenders to Retool Finance Models, Experts Say
Financial institutions will need to rework their business models to remain relevant in a sector that is evolving away from ...
HDFS Losses ‘Temper,’ Yet Continue to Rise in 1Q
Harley-Davidson Financial Services originated $709.8 million -- up 3.8% year-over-year -- in the first quarter, according to the company’s earnings call today. Annualized net ...
States Step Up Enforcement, Anticipating CFPB Decline
(L-R) John Redding, partner at Buckley Sandler, and Ken Rojc, managing partner of Nisen & Elliott LLC's Automotive Finance Group, ...
Pelican Alters Charge-Off Practices
Regulatory attention on repossession and collection processes has encouraged Pelican Auto Finance LLC to charge off delinquent assets later in ...
Captives Offer ‘Competitive Advantage,’ Analyst Says
Captive finance arms offer a “pretty big competitive advantage” for powersports OEMs, particularly in an environment where independent finance companies ...
Credit Cards to Play Big Role in Autonomous Cars, Analyst Says
The credit card industry might get a massive boost once autonomous vehicles come to market, and what’s more: Consumers will ...
Direct Lending Helps Grow PNC’s Auto Outstandings 10%
Via Wikimedia Commons PNC Financial Services Group Inc.'s auto outstandings were up 10% to $12.3 billion, from $11.1 billion during the ...
