Vehicle Sales
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APR 48 Mos.
Regulators are set to bring Community Reinvestment Act (CRA) requirements to auto finance in a move that is likely to have far-reaching implications in how banks manage their auto portfolios. The CRA is a 1977 statute that “encourages” regulated financial institutions to demonstrate that their lending practices serve the credit needs of the communities in […]
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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
