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The Federal Reserve’s proposed changes to capital requirements for banks could spur additional consumer lending activity, including in auto, but have prompted concerns from financial institutions. The proposals aim to streamline requirements for how much banks must set aside to cover potential losses and free up more capital for lending, Art Coren, partner at law firm Husch […]
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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
