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CFPB to Maintain Regulatory Authority Following Director’s Resignation
Via CFPB/ Flickr As Richard Cordray leaves his post as director of the Consumer Financial Protection Bureau at month’s end,...
Powersports Credit Unions Capture Near-Prime Share With Competitive Rates
Pictured, from left: Chris Clovis, owner and operator, Freedom EuroCycle; Kevin Lackey, president and CEO, Freedom Powersports; and Bradley Van...
Wells Fargo Fires Head of Consumer Lending for Violating Company Policies
Franklin Codel, former head of consumer lending at Wells Fargo & Co. Wells Fargo & Co. fired Franklin Codel, head...
Ally Rolls ClearGuard Protection Into SmartAuction Platform
Ally Financial Inc. will now automatically add protection coverage on all eligible vehicles that dealers sell through SmartAuction, Ally's online wholesale...
Part II: Alternative Data Drives Auto Lending Growth
Despite the potential benefits of alternative data, privacy concerns linger about how the data is collected and shared with lenders....
Honcker Hones Credit Matrix With Eye on Dealertrack, RouteOne Integration
Nathan Hecht, founder and chief executive of Honcker, sits down for a fire side chat at the 2017 Auto Finance...
Speed Leasing Continues State Expansion, Begins Originating in Oklahoma
Speed Leasing Co. is now originating leases for customers who live in Oklahoma, with plans for further expansion into seven...
Wells Fargo Pays $5.4M for 450 Additional Illegal Servicemember Repos
Wells Fargo Dealer Services on Tuesday agreed to pay the Justice Department an additional $5.4 million to compensate 450 servicemembers whose...
