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Some investors have raised red flags on auto finance structured products, painting their returns as too low for the risks. Kyra Fecteau, fixed income portfolio manager at Wellington Management, argued at the SFVegas conference in Las Vegas last week that the “tail risk” of auto finance investments “has gotten a lot wider.” In other words, […]
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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
