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Cody Lyon

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IPO Underwriters Increase Take Of Ally Stock

Underwriters on Ally Financial Inc.’s initial public offering have elected to partially exercise the over-allotment option

Nissan, Chase Climb in Auto Finance Ranking

Nissan Motor Acceptance Corp. and Chase Auto Finance each climbed one spot in the Top 10

Nicholas Faces Decreased Earnings and Delayed Acquisition

Florida-based auto lender Nicholas Financial reported a $269.3 million loan portfolio in the fourth quarter. That’s

TD Will Increase Focus on Super Prime

TD Bank has evolved its auto strategy over the past year. During the bank’s second quarter

Credit Unions Pilot Subprime Program

Fourteen credit unions will participate in an auto loan pilot program geared for low-income borrowers. The

Prospect Capital’s Acquisition of Nicholas Delayed

Prospect Capital Corp. no longer expects its acquisition of Nicholas Financial Inc. to close by June

Exeter Comes to Market with $500 Million ABS

Exeter Finance Corp. went public Wednesday with its $500 million asset-backed securitization today. It’s the lender’s

S&P Cautions Nonbank Lenders

Auto lenders have a decision to make: They can choose margins or volume. That was the

Credit Union Auto Lending Surges

David Thompson

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