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Honda Finance is Another CFPB End-Around, Senator Says

The chairman of the Senate Banking Committee today accused Director Richard Cordray of the Consumer Financial

Nationwide Enters Direct Lending with New Online Tool

Columbus, Ohio-based Nationwide Bank has stepped into the direct auto lending space with the launch of

Honda Cuts Dealer Markup in DOJ, CFPB Settlement

American Honda Finance Corporation (AHFC) will reduce dealer discretion to mark up customer buy rates, to

Ally Adds $1 Billion to Securitization Pipeline

Ally Bank has issued its first securitization transaction for the year, a $1 billion offering backed

Chase Auto Volume $7.8 Billion, Up 10% in Q2

Chase Auto Finance has its foot back on the gas in autos this year, with second-quarter

Cox Automotive says Dealertrack Buyout Still on Track for Q3

Cox Automotive still expects its proposed $4 billion acquisition of Dealertrack Technologies to take effect this

Western Funding Hits Record Volume in June

Subprime auto lender Western Funding Inc. funded 906 deals last month for a total of $11.2

Powersports Finance Risky Despite Consumer Confidence

Consumer confidence is up, but not enough to drive powersports sales to pre-recession levels, said Sean

Credit Union Auto Lending Surges

David Thompson

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