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Some Tricolor Holdings asset-backed bond holders who received interest payments last week have seen those funds clawed back in recent days, according to people with knowledge of the matter, after the subprime auto lender’s abrupt bankruptcy upended collections on the underlying loans. At least one custodian bank that made provisional distributions to investors has since […]
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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
