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Auto lenders are increasingly building centralized compliance frameworks that apply across their footprints while layering in state-specific requirements on licensing, repossessions and more. “In other words, a lender may use a ‘highest common denominator’ baseline for issues that are comparable across states but still maintain targeted state overlays for requirements that are different in kind […]
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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
