Dealership Group Faces Federal Charges Amid $10M Auto Loan Scheme
A Fremont, Neb.-based dealership was indicted in federal court on Nov. 15 after obtaining nearly $10 million in lines of...
Catching the Wave: The Impact of Direct Lending on Auto Finance
© Can Stock Photo / Feverpitched The wave of direct lending is starting to swell, and...
Honor Finance’s Securitization at Risk for Second Downgrade, S&P Warns
© Can Stock Photo / stu99 Subprime auto lender Honor Finance’s 2016 ABS issuance is on...
Democratic House Likely to Scrutinize Lenders as State AGs Step Up Enforcement
A Democrat-controlled House will likely subpoena auto lenders for information about their practices, bumping up the threat of reputational and...
Santander Settles CFPB Allegations of Loan, GAP Misrepresentation
Via Flickr Santander Consumer USA has finalized an agreement with the Consumer Financial Protection Bureau to...
Future of Renault-Nissan-Mitsubishi Alliance Uncertain Amid CEO Arrest
Geoff Robins / AFP - Getty Images file Renault–Nissan–Mitsubishi Alliance is likely to undergo reconfiguration regarding...
Avid Acceptance to Double Securitization Volume on Heels of JPMorgan Chase Funding Facility
© Can Stock Photo / meepoohyaphoto Avid Acceptance LLC’s new warehouse facility will put the lender...
Lower Originations Prompt Rifco to Shrink Credit Line
© Can Stock Photo / AndreyPopov Rifco National Auto Finance is shrinking its Wells Fargo-led credit...
