85% of bankers at CBA Live anticipate a hybrid work environment in 3 years
SAN ANTONIO — Eighty-five percent of the bankers at Consumer Bankers Association's CBA Live 2022 event believe most of their...
Fifth Third is keeping an eye on LTVs, head of auto says
SAN ANTONIO — Fifth Third is not expecting a sudden drop in used-car valuations as the bank continues to monitor...
Ally Financial commits $250K in scholarship funding to Congressional Black College Foundation
Ally Financial on Feb.23 committed more than $250,000 to support legal and public policy scholarships through its partnership with the...
CFPB acts to halt illegal automobile repos
Rising used-vehicle values, affordability concerns and mounting auto loan debt have caught the attention of the Consumer Financial Protection Bureau...
Keeping LTVs tight to avoid negative dynamic for consumers
The combination of ongoing inventory constraints and historic inflation has sent vehicle values soaring, causing automotive lenders to closely monitor...
NMAC aims for remote transactions to account for 10% of volume in 2022
In line with Nissan Motor America Company’s (NMAC) 2022 goal of increasing e-contract adoption at dealerships, one Texas dealership is...
Listen: Weekly Wrap on the state of subprime and rental markets
In a market defined by elevated used-vehicle values and limited new- and used-inventory, both subprime lenders and rental car companies...
OCCU Indirect Lending Sales Manager Rich Black join Auto Finance Risk Summit Speaker Faculty
Oregon Community Credit Union (OCCU) indirect lending sales manager Rich Black has joined the speaker faculty for the 2022 Auto...
