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Fifth Third’s pullback from indirect auto lending last quarter is expected to net a 15% decline in originations as the bank continues to prioritize higher yield assets. The Cincinnati-based bank pulled out of non-core states west of the Mississippi River, excluding Texas, last month, Fifth Third Chief Financial Officer Jamie Leonard said on the company’s […]
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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
