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Honcker to Add Lease Payment Feature, Co-Signing Option Into App
LAS VEGAS -- Startup Honcker Inc. will push out an updated app with new payment features “in a few weeks,”...
Auto Portfolio Runoff Cost Regions $500M This Year, Expected to Continue Into 2019
Via Wikimedia Commons Regions Financial Corp. continues to see declines in its auto portfolio amid a repositioning away from third-party...
PrazoNow Rebrands as Borrow
PrazoNow, a Los Angeles-based car subscription service, has rebranded as Borrow. Founded in 2015, the company started out as Prazo...
Mobility to Change Secondary Market, Goldman Economist Says
Robert McDonald, vice president of structured finance in the investment banking division of Goldman Sachs, gives a presentation at the...
Huntington Bank Eyes More Expansion for RV Lending Business
Huntington Bancshares Inc. continues to focus on its recreational lending business, following the expansion of subsidiary FirstMerit Corp. into 17...
ThunderRoad to Launch Funding Program to Bypass Capital Markets
LAS VEGAS -- ThunderRoad Financial is setting up a program to provide enough liquidity to fund growth through 2019 without the need...
OneMain Taps Direct Lending Product to Grow Auto Portfolio
Via OneMain Financial OneMain Financial grew its auto portfolio in the third quarter largely driven by an increased focus on...
Alibaba Looks to Expand Into Auto Finance With Latest Investment
Alibaba Group Holding Ltd. led a $335 million Series E funding round for Chinese car trading website SouChe.com, hinting at...
