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Open Lending’s certified loan volume decreased in the third quarter as the automation fintech tightened underwriting and prepared to roll out a new credit decisioning platform. Open Lending’s total certified loans fell 13% year over year to 23,880, according to the company’s Nov. 6 release. The fintech provides underwriting parameters to lenders to dip further […]
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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
