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Larissa Padden

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FactorTrust Gets New President, Secures $42 Mill Investment

It’s been a busy morning for FactorTrust. The alternative credit bureau announced today that Michael Heller,

Auto ABS Losses Inch Up, but Horizon Remains ‘Healthy,’ Fitch Says

Prime auto loan ABS losses rose to the highest level in over four years through September,

Dealer Groups Gain in F&I Per Vehicle

On Thursday, Penske Automotive Group reported barely higher average F&I revenue per vehicle of $1,098, up

SCUSA Reports Tougher Competition, Drops Personal Loans

Santander Consumer USA is keeping an eye on more aggressive competition in leases and in near-prime

Ally Volume Nearly Flat Despite Steep Drop in GM Incentives

Ally Financial Inc. auto originations declined less than 1% to $11.1 billion in the third quarter

Auto Industry Could ‘Get Scary’ if Coming Off-Lease Supply Isn’t Managed

The party can’t last forever, Joseph Derkos, director, consulting & analytics, Power Information Network (PIN) said

Used-Car Lender SNAAC Settles CFPB Complaint

The Consumer Financial Protection Bureau filed a consent order with Security National Automotive Acceptance Company (SNAAC),

Subprime Auto ABS Volume Inches Up With Two New Issuances

By Larissa Padden and Diana Asatryan Subprime is a steady contributor to the auto ABS market,

Credit Union Auto Lending Surges

David Thompson

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