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TD Auto Finance and Avid Acceptance expect auto origination volume to be flat to moderately lower for the remainder of the year as limited capital hinders volume opportunity. Limited capital and liquidity continue to impact origination volume for subprime lender Avid Acceptance despite seeing “more opportunity to originate,” Curtis Ash, president and chief financial officer, […]
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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
