Earnings
Chrome Capital Hits Record-High Lease Originations
Chrome Capital reported record high lease originations for February, and a dealer penetration rate two times its last record high,...
BRP Sees 11% Rise in YoY Outstandings
Bombardier Recreational Products Inc. (BRP) reported its U.S. year-over-year outstandings were up 11% from $670 million to $744 million through Jan. 31, between the...
America’s First Federal CU Reports Record-Breaking Year
America’s First Federal Credit Union reported a record-breaking year for powersport loan originations in 2015, Bob Jaffe, indirect loan manager, told...
Lending Club ‘Alters’ Origination Model
Lending Club’s partner bank, WebBank, will now maintain “an ongoing economic interest in all loans after they are sold,” according...
Consumer Portfolio Services Ramps up Direct Channel, Mobile Tools
Consumer Portfolio Services Inc. has steadily increased direct-to-consumer loan applications and originations since the April 2015 launch of its direct lending...
CPS ‘Pleased’ with 4Q15 Earnings, Despite Dip in Contract Dollars
Consumer Portfolio Services saw a drop in quarterly auto contract dollars, but the company remains “pleased” with its operating results...
CarFinance Says Goodbye to Indirect Auto
The CarFinance Capital LLC brand has been “retired” as an indirect auto finance provider, according to a presale report from...
Auto Loans on the Horizon for Lending Club
Auto loans are on the way from Lending Club, according to Chief Executive Renaud Laplanche. “The stated goal is quite...
