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CFPB Upheaval [SPONSORED]
The Consumer Financial Protection Bureau had a busy first quarter defending itself. In the process of appealing the ruling from...
Ally’s Originations Decline, but Expects Stabilization in 2018
Via media.ally.com Ally Financial Inc.’s total originations dipped 8.6% in the second quarter, but the lender is expecting some...
NMAC Penetration Dips Despite Nissan’s Climb in Sales
Nissan Motor Acceptance Corp. saw a dip in market penetration for both leases and retail sales during its fiscal-year first...
Westlake Exec Returns to Manage Losses, Delinquencies
When Brian Renfro was brought on at Westlake Financial Services as the lender’s senior vice president of servicing, he was...
Capital One Adjusts Taxi Underwriting as Rideshares Disrupt the Market
Capital One Financial Corp. is making changes to its commercial taxi medallion lending portfolio by restructuring loans to protect its...
Royal Credit Union Promotes Brandon Riechers to CEO
Royal Credit Union promoted Brandon Riechers to president and chief executive of Royal Credit Union, effective July 31, the company announced...
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...
Employees Claim Santander’s ‘Stressful’ Workplace Harms Borrowers
Pro-union groups are claiming Santander Consumer USA collections agents work under a high-stress environment, which is overly reliant on computer...
