Used-vehicle prices flat, sentiment improvingÂ
Used-vehicle values were flat year over year and up 1.2% month over month in November as EV prices continued to...
Risk Management
Wholesale towable values drop 20.2% YoY in October
Wholesale towable and motorhome values continued to drop in October amid sales slowdowns in unfavorable weather and dealers managing their...
CAC former CEO Ken Booth says tech, disciplined approach are keyÂ
In Ken Booth’s more than 20 years at Credit Acceptance Corp., he has focused on technology enhancements, portfolio growth, and...
Treasuries slide as new jobless claims unexpectedly slump
Treasuries fell after jobless claims dropped to their lowest level since 2022 in one of the last readings on the...
Tricolor bondholders seek to subpoena JPMorgan Chase, Fifth Third
A group of Tricolor bondholders has requested to subpoena JPMorgan Chase and Fifth Third Bank to learn whether they had...
Vervent CEO says Tricolor ‘vaporized’ over a weekend amid sudden collapse Â
Tricolor’s sudden slide into Chapter 7 bankruptcy forced backup servicer Vervent to take on additional operational tasks on top of...
Lenders invest in tools to mitigate double-pledging, credit washingÂ
Lenders are investing in tools to mitigate double-pledging of assets and credit washing in light of an uptick in fraud.  ...
Podcast: Tricolor’s 10K vehicles could be sold by March
Bankrupt subprime retailer Tricolor’s 10,000 remaining vehicles may be sold by March 2026 if trustee Anne Burns’ motion is approved....
