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Ally Financial has set in motion a long-term work-from-home plan for some of its collections team on the heels of its lowest third-quarter loss levels since 2013. Ally’s net charge-offs clocked in at 0.64%, a year-over-year decline of 74 basis points. The Detroit-based lender has had its consumer underwriting teams working remotely for a “long […]
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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
