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Capital One Expects $30 Million Increase in Charge-Offs
Via Flickr Capital One Financial Corp. is expecting a $30 million, “one-time increase” in losses, due to an accelerated policy...
Ford Smart Mobility Reports ‘Small Loss’ in 1Q, CFO Says
Ford Motor Co. saw a pre-tax accumulative loss of $212 million for its “all other” category — which includes Ford Smart Mobility...
Steer Clear of These 4 Remarketing Pitfalls
Just this month, top leaders at Black Book announced a downward trend of retention values on used vehicles triggered primarily by...
Ally Financial Originates $8.9B Amid ‘Cautious’ Industry Tone, CFO Says
Ally Detroit Center (Via Ally Press Room) Despite a number of auto finance institutions reporting pullbacks in originations this week,...
SNAAC Failed to Satisfy 2015 CFPB Order, Fined $1.25 Million
Via Flickr Security National Automotive Acceptance Company (SNAAC) was issued a consent order by the Consumer Financial Protection Bureau today, claiming...
Wells Fargo CDF to Roll Out Pre-Owned Dealer Rewards Program
Well Fargo Commercial Distribution Finance will launch a dealer rewards program early next month in the wake of increasing consumer...
Steer Clear of These 4 Remarketing Pitfalls
Just this month, top leaders at Black Book announced a downward trend of retention values on used vehicles triggered primarily by...
Carvoy Joins Speaker Lineup for Auto Finance Innovation
Daniel Yuabov, co-founder and chief executive at Carvoy Inc., joined the speaker roster for the second annual Auto Finance Innovationevent, slated...
