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Fintech CarOffer creates used-car ‘stock exchange’

Auto lenders are using a new, digital, wholesale sales platform to liquidate their off-lease inventory and

Veros, Westlake, World Omni ramp up ABS issuance

Auto lenders were busy in the asset-backed securitization market this week, especially in the nonprime credit

Europe is the auto industry’s one bright spot thanks to EVs

The global auto industry has more than $2 trillion in annual revenue and employs millions of

Veros Credit to roll out e-contracting by yearend

Veros Credit is doubling down on technology for dealers as the subprime lender builds out its

Military Lending Act revision permits GAP financing

The Department of Defense last week withdrew a provision to the Military Lending Act (MLA) that

Stocks rebound on stimulus hopes, Biden’s surge: Markets wrap

Stocks rebounded as investors digested a surprise in the U.S. presidential primary and weighed the potential

CPS projects double digit growth, CEO says

Consumer Portfolio Services is optimistic about 2020, and expects to grow the business up to 20%,

Carvana to amend securitization structure

Carvana will adopt a two-shelf securitization structure in 2020, said Chief Financial Officer Mark Jenkins during

Credit Union Auto Lending Surges

David Thompson

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