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This week, all eyes were on first-quarter delinquency rates, which fell 5 basis points year over year for 30-day delinquencies, and 1 bps for 60-day delinquencies. But those numbers may not tell the whole story. Lenders’ robust deferral programs, which kicked in mid-March as the coronavirus pandemic dropped on the U.S. economy, could be keeping […]
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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
