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Exeter Builds Servicing Facility With Room To Grow

Exeter Finance Corp. opened a new servicing center June 23, at a time of origination —

‘Killer Apps’ May Pressure Residuals

It’s obvious that in the auto finance sector, 72-month-term paper entails many risks. Those risks are

Subprime Loans Close to Pre-Crash Levels: N.Y. Fed

The N.Y. Federal Reserve Bank released a study last week indicating that subprime loans, while on

Nonprime Delinquencies Climbed 20% As Portfolios Grew In 2013

Though nonprime loan portfolios increased last year, delinquency rates grew at a faster clip, according to

The Coming Shift in Leasing Dynamics

As automotive lenders know, leasing is a cyclical business tied to shifting interest rates. For decades,

Sonic in Negotiations to Offer Private-Label Financing

Sonic Automotive Inc. is in discussions with a pair of lenders to offer private-label financing to

Lenders ‘Fear Retribution’ by Regulators

Regulators have grown so aggressive with enforcement that many auto lenders now have a “fear of

Longer Loan Terms Becoming the Norm in Canada

Extending loan terms is becoming increasingly common in Canada, according to a report from Bloomberg. The

Credit Union Auto Lending Surges

David Thompson

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