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Bloomberg News
  • 4:12 pm

Auto Finance Technology sponsored by InformedIQ

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MidAtlantic analyzes defaults to identify income fraud 

Subprime lender MidAtlantic Finance Company is analyzing its defaults to identify borrowers misrepresenting their employment and

  • Amanda Harris
  • October 7, 2022

Fraudulent pay stub reveals slew of red flags for lenders

Fraudulent pay stubs and income statements may be easy to obtain and even easier to create,

  • Joey Pizzolato
  • October 7, 2022

Sept. used-vehicle values dip YoY for first time since 2020

Used-vehicle values decreased sequentially for the fourth consecutive month in September and fell year over year

  • Riley Wolfbauer
  • October 7, 2022

US jobs rise while unemployment drops, keeping pressure on Fed

US employers continued to hire at a solid pace last month and the jobless rate unexpectedly

  • Bloomberg News
  • October 7, 2022

AmeriDrive begins purchasing vehicles for HyreCar platform

Mobility-as-a-service company AmeriDrive Holdings has begun purchasing vehicles to list on the HyreCar platform following the

  • Riley Wolfbauer
  • October 6, 2022

Combating ID fraud: Five steps to prevention

Consumers providing false identification information, including employment and income, is a type of fraud that is

  • Amanda Harris
  • October 6, 2022

OCCU enters auto ABS market with $275M deal

Oregon Community Credit Union (OCCU) is set to issue its inaugural auto asset-backed securities (ABS) deal

  • Joey Pizzolato
  • October 6, 2022

Open Lending eyes softening used-vehicle values, PTI ratios

Automation fintech Open Lending is keeping a close eye on softening used-vehicle values as the company

  • Joey Pizzolato and Riley Wolfbauer
  • October 5, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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