Security Service Adjusts Underwriting to Optimize Success [PODCAST]
Charles Goss, EVP and Chief Lending Officer, Security Service Federal Credit Union Security Service Federal Credit Union attributes its No....
Flagship Renews Contract With Speedpay for 5-Year Term
Flagship Credit Acceptance has renewed its partnership with Speedpay Inc. for a new five-year term, a Flagship spokesman told Auto...
Subprime Risk Remains Unchanged
LAS VEGAS -- Subprime risk is not increasing, panelists at PowerSports Finance 2017 agreed. "I think that the key, from...
Lower Credit Tiers Capture Most Motorcycle Originations, TransUnion Finds
LAS VEGAS — Motorcycle originations were heavily concentrated in the subprime and near-prime credit tiers between the third quarter of...
Powersports Lenders to Fight Over Share Amid New Entrants, Poll Reveals
LAS VEGAS -- About 67% of industry participants believe lenders will "fight over existing marketshare" as a result of the...
Powersports Lenders Pull Back on Securitizations as Whole Loan Market Heats Up
While there may be only two issuers in the powersports asset-backed securitization space, the market is notably slowing as both...
Troubled Waters: Hurricanes Strain Vehicle Inventory, Boost Used Values
In the wake of the recent hurricanes -- Harvey in Texas and Irma in Florida -- the industry is beginning...
Leasing App Honcker Closes $3.6M Seed Round
Brooklyn-based Honcker Inc. last week announced it had closed a seed funding round of $3.6 million. The round was led by...
