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Castlelake LP has agreed to purchase up to $1 billion in consumer loans that were initially created by Pagaya Technologies LTD, the latest move by private credit lenders seeking to grow their footprint in consumer debt.. The arrangement, which is set up as a forward flow deal, will allow Castlelake to buy Pagaya-originated loans for […]
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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
