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Thorough record keeping at the time of origination and coordinated data management are key to compliance with different states’ guaranteed asset protection refund requirements. Certain states, such as California and Colorado, have zeroed in on GAP refund compliance, and have brought suit against auto lenders for not returning unused GAP premiums when loan principals are […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
