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Advice to Lenders for Managing Vehicle Accident Risks in Chapter 13 Plans [SPONSORED]
While vehicle cramdowns in a Chapter 13 plan are fairly commonplace, vehicle accidents that result in a total loss create...
Is an Effort Afoot to Improve Repo Communications?
In the September issue of the Consumer Financial Protection Bureau’s Supervisory Highlights -- in which CFPB supervision staff reports on...
AutoGravity Partners With Subprime Financier Global Lending Services
The online and mobile financing app AutoGravity has added a new subprime lender to its suite of lenders with the...
Hyundai Uses Analytics to Initiate Earlier Recoveries
Hyundai Capital America is utilizing a recovery method called a “pull-ahead” program, which uses data and analytics to determine when...
Powersports Lenders Pull Back on Securitizations as Whole Loan Market Heats Up
While there may be only two issuers in the powersports asset-backed securitization space, the market is notably slowing as both...
MotoLease to Debut Payment-Reduction Rewards Program
2013 Honda CB500X MotoLease LLC will introduce a new point-system program in the first quarter of 2018 for lower-credit-tier borrowers...
Auto Declines Start to Impact Citizens’ Portfolio
Citizens Financial Group Inc. is starting to see the impact of its more disciplined, rate-focused approach to auto lending that...
Troubled Waters: Hurricanes Strain Vehicle Inventory, Boost Used Values
In the wake of the recent hurricanes -- Harvey in Texas and Irma in Florida -- the industry is beginning...
