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Ford Motor Credit Demands $112M From Dealership Chain for Fraud Scheme
Photographer: Daniel Acker/Bloomberg Ford Motor Credit Co. claims it is owed $112 million from Reagor Dykes Auto Group and owners...
U.S. Bailout From Last Recession Lives on as Downturn Risks Rise
A statue of Albert Gallatin stands outside the U.S. Department of the Treasury building stands in Washington, D.C., U.S. Photographer:...
Losses on Track to Improve in Santander’s Latest Securitization
Photographer: Angel Navarrete/Bloomberg Santander Consumer USA's first asset-backed securitization of the year is on track for lower losses relative to...
Fintech Startups Pose Risk to Lenders, Analyst Warns
Photo via Gideon Benari | Flickr As lenders increasingly look to fintech companies to facilitate loan origination, one analyst warned...
Powell Says Fed ‘Waiting and Watching’ With Patience on Rates
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during an Economic Club of Washington discussion in Washington, D.C., on...
Exeter Finance Files for IPO, Expects to Raise $100M
© Can Stock Photo / labamba Subprime lender Exeter Finance Corp. filed for an initial public offering to gain a...
ZestFinance Makes Machine Learning Tools Available Via Microsoft Cloud
Lenders using ZestFinance Inc.’s technology can now use Microsoft's cloud-based Azure platform rather than their own servers to analyze machine...
Higher Interest Rates Will Likely Reduce 2019 Sales by 300,000 Units, Analyst Says
© Can Stock Photo / JohnKwan Rising interest rates will likely shave vehicle sales by 300,000 units this year, predicted...
