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Startup Lendbuzz pulled off a rated transaction in which more than half of the securitized loans had no credit score. The $204.34 million securitization was a first for the Boston-based lender, which caters to car buyers — including undocumented immigrants — who lack credit history. Kroll Bond Rating Agency assigned an A rating to the […]
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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
