Risk Management
TD Auto Ups Volume in Lower-Margin Super-Prime
TD Auto Finance is increasing U.S. auto loans without increasing risk, with the trade-off of lower margins on the low-risk, “super-prime”...
CREDIT: Subprime Inches Up as Delinquencies Remain ‘Under Control’
Auto loan delinquencies are "under control," despite a continued rise in subprime lending, while recent concern about a so-called subprime...
CapOne Moves to Exit Powersports Industry
After a review of its “partnerships business,” Capital One Financial Corp. has decided to “wind down” its powersports lending “over time,” Alli...
Monday Looms for CFPB’s Larger Participants Rule
The long-awaited Larger Participants rule is expected to take effect Aug. 31 at the Consumer Financial Protection Bureau, for nonbanks that...
Record Lease Share in 2Q
Leasing hit a record 26.9% of new-vehicle volume in the second quarter, according to Experian Automotive. That was barely ahead...
CREDIT: Subprime Inches Up as Delinquencies Remain ‘Under Control’
Auto loan delinquencies are "under control," despite a continued rise in subprime lending, while recent concern about a so-called subprime...
First Associates to Provide Servicing for Nonprime Lender Crediauto
First Associates Loan Servicing LLC, a San Diego, Calif.-based third-party loan and lease servicer, has partnered with Crediauto USA Financial...
Enterprise, Chase Roll Out Auto Finance Venture
Chase Auto Finance is rolling out private-label, retail auto loans for Enterprise Car Sales, the used-car retail arm of Enterprise...
