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Used-car marketplace raises $13M in Series A funding
The online used-car marketplace is heating up in the U.K. as one London-based startup secured $13.9 million in Series A...
How lenders can maximize loan deferral and extension compliance
In February, the Federal Reserve Bank of New York issued its Quarterly Report on Household Credit and Debt, which showed...
California task force busts $5M auto fraud ring
A fraud scheme racking up more than $5 million from auto financiers has been busted after an 18-month investigation identified...
Federal Reserve amends stress test model for auto loan losses
The Federal Reserve has changed the way it calculates estimated auto loan losses in the 2019 Dodd-Frank Act stress test,...
Bipartisan robocalls bill assigns stiffer FCC enforcement
A bipartisan bill introduced by House lawmakers on Thursday would give the Federal Communications Commission the authority to issue harsher...
Fighting fraud with fintech
To counter the continued rise in fraud, auto lenders of all sizes are counting heavily on risk management and loss...
Weakening Credit Spurs Santander Downgrade
Santander Consumer USA's rating has been cut to neutral from positive by Susquehanna Financial Group as shifts in the lender's...
KBRA Withdraws Ratings as Honor Finance Securitization Winds Down
Honor Finance’s 2016 securitization has been withdrawn from Kroll Bond Rating Agency’s surveillance after being paid in full, the rating...
