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Fed Numbers Place Ally as No. 1 Lender Amid Wells Fargo’s Pullback
For three and half years Wells Fargo Dealer Services has been the No. 1 provider of retail loans, but now...
AutoFi Raises $10 Million Series A to Grow Beyond Ford Credit
AutoFi raised $10 million in Series A funding, which it plans to use to "accelerate" the growth of its lender, manufacturer,...
Used-Car Lessor Brite Financial Projects 75% Growth This Year
Brite Financial, the subprime used-vehicle leasing arm of CARite dealerships, is on pace for a record year of originations, Chief...
Regulatory Attention Points to Challenges Ahead [VIDEO]
The auto finance market needs to focus on “generating positive messages as it endures a flurry of negative publicity” and...
MotoLease Sketches Plans for Expansion Into Prime Market
Although subprime has always been MotoLease LLC's sweet spot, the leasing provider plans to expand its concentration into the prime...
6 Auto Loan Origination Software (LOS) ‘Must Haves’ [SPONSORED]
In this first of a series of monthly blog posts, I wanted share some thoughts regarding loan origination software or...
Regulatory Attention Points to Challenges Ahead [VIDEO]
The auto finance market needs to focus on “generating positive messages as it endures a flurry of negative publicity” and...
Kroll Remains Optimistic Despite Rising Auto ABS Losses
Kroll Bond Rating Agency said historically high delinquencies and losses will continue to rise due to used-vehicle depreciation and a...
