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Risk Management
Westlake Portfolio Management to service American Car Center leases
Westlake Portfolio Management has agreed to service American Car Center’s lease portfolio after the dealership closed its doors last month. ...
Listen: Weekly Wrap discussion of auto ABS, vehicle sales
Delinquencies across prime and nonprime securitized auto loans are moving closer to pre-pandemic levels, while rising interest rates and declining...
Tricolor Auto expands SaaS venture
Tricolor Auto Acceptance is expanding its software-as-a-service venture Tricolor Financial following a pilot of the program last year. Tricolor tested...
Equipment finance executives evaluate importance of vetting financing partners
Equipment dealers must evaluate their vetting process for third-party financing partners to stop bad actors and prevent misinformation. Dealers who...
US jobless claims edge lower in sign of strong labor market
Applications for US unemployment benefits eased last week and a measure of labor costs remained firm in the closing months...
2 common roadblocks inhibit equipment sales, financing
Lender and consumer roadblocks are negatively impacting the financing process for equipment dealers. “One, the customer is declined by the...
Car debt is piling up as more Americans owe thousands more than vehicles are worth
Chris Martin knew he needed a bigger car as the birth of his fourth child approached, but he and his...
Slow, mixed growth ahead in loan market
CHARLOTTE — Slower growth is likely in the U.S loan market this year, but businesses remain steadfast despite concerns of...
