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Wells Fargo Slashes Originations 45% in 2Q
Wells Fargo Dealer Services Inc. nearly halved its originations in the second quarter, compared with the prior-year quarter, reflecting tighter...
Chase Auto Lease Outstandings Rise 41% YoY in 2Q
Chase Auto Finance’s second-quarter lease outstandings increased 41% in the past year to $14.7 billion, the bank announced in its earnings...
PNC Sees Continued Growth in Auto Portfolio
PNC Bank saw increases in its auto portfolio accompanied by an uptick in delinquencies and losses, according to the company’s...
Blinker to Add F&I Products Into Platform
Blinker plans to integrate insurance, parts, and services into its peer-to-peer car buying app in 2018, after securing lender partners...
CFPB Arbitration Rule to ‘Particularly’ Impact Credit Cards, Lawyer Says
The Consumer Financial Protection Bureau’s new arbitration rule issued Monday might have a “particular impact” on revolving credit programs in...
Every Deal Counts: How to Ensure Portfolio Growth in a Down Market [SPONSORED]
With vehicle sales and originations predicted to be flat or down through 2020, and auto lending tightening across the credit...
5 Tips to Lower Mobile App Bounce Rates
As more millennials enter the car-buying market, it becomes an integral part of any lender's business plan to enhance mobility...
TCF Turns to E-Contracting to Speed Decisioning
TCF Bank is looking to expand its e-contracting solution with other application portal vendors -- such as DealerTrack -- in 2018, Todd Pierson, president of...
