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Risk Management

Nicole Casperson and Joey Pizzolato

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Bank of America keeps auto capital allocation steady 

Bank of America has “prepared for the worst” by proactively balancing capital needs while achieving positive

Octane Lending enters marine market 

LAS VEGAS — Powersports lender Octane Lending announced this week that the company has entered the

High interest rates taking powersports borrowers ‘out at the knees’ 

LAS VEGAS — Interest rates will need to fall further to make powersports financing more attractive.

Ford Credit’s Flex Buy volume to jump 25% 

Ford Credit’s Flex Buy program volume is on track to grow 25% year over year. The

TD to pay $3.1 billion in money laundering case, face asset cap

Toronto-Dominion Bank will pay almost $3.1 billion in fines and other penalties and face a cap

Capital One VP: Synthetic identity fraud up 400% across financial services

LAS VEGAS — Auto loan fraud caused nearly $8 billion in losses last year industrywide, with

3 themes to watch at PowerSports Finance Summit  

LAS VEGAS — The powersports industry is turbulent, with high interest rates, softened retail demand and

Tricolor’s losses fall 20% with new risk model 

LAS VEGAS — Tricolor Auto Acceptance has seen a 20% decline in losses since updating its

Credit Union Auto Lending Surges

David Thompson

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