Capital & Funding
U.S. Personal Income Gains, a Positive Sign for Auto Sales, Auto Finance
The U.S. Bureau of Economic Analysis said today personal income, disposable personal income and outlays inched higher in May. Analysts...
SunTrust to Debut Auto Securitization
SunTrust Banks Inc. is entering the auto securitization market for the first time, according to a presale report from Standard...
Industry Glossary Launched by Center for Auto Finance Excellence
The Center for Auto Finance Excellence launched a glossary of industry terminology commonly used in the auto finance industry today....
CFPB ‘Considering Legal Action’ Against Westlake Financial
Like several other lenders, Westlake Financial Services is facing possible legal action by the Consumer Financial Protection Bureau, according to...
DriveTime Expands Warehouse Facilities
DriveTime Automotive Group Inc. established a $75-million private warehouse facility last month, boosting its total warehouse capacity to $675 million....
More Auto Finance Growth Forecasted by DBRS
In the wake of record auto lending and leasing last quarter, a new forecast published today has even more healthy...
Subprime ABS Market ‘Friendly and Open for Business,’ S&P Says
Santander Consumer USA, General Motors Financial Co., and Exeter Finance Corp. account for 73% of subprime securitization issuances so far...
[VIDEO] Larry King Promotes Hyundai Leases in Korea
Hyundai Capital Services (HCS), the captive finance company that operates mainly in China and Korea, launched a snappy commercial campaign...
