Risk Management
Falotico Appointed Ford Credit COO
Joy Falotico is appointed chief operating officer for Ford Motor Credit Co. and a vice president for Ford Motor Co....
Customer Engagement on Track for 2016, Pelican Exec Says
SCOTTSDALE, Ariz. — Subprime lender Pelican Auto Finance LLC expects to launch its Customer Engagement 2.0 initiative in 2016, introducing...
Meima is VW Credit President and CEO
Horst Meima becomes the new president and CEO of captive finance company VW Credit, based in Herndon, Va., effective Jan....
Auto ABS Losses Trend Higher, Still Below Recession Levels, Fitch Says
Both prime and subprime ABS losses are trending higher, according to Fitch Ratings: subprime annualized net losses (ANL) rose, for...
Going Direct Means Also Going Digital, Prestige Says
Salt Lake City-based subprime lender Prestige Financial Services announced back in September it would join the pipeline of direct lenders,...
Ford Captive Keeps a Lid on Subprime
Ford Motor Credit Co. is maintaining its typical below-industry-average share of subprime auto loan originations, even a little lower in...
Santander Consumer Adds New Centers
Santander Consumer USA will open two servicing centers in Mesa, Ariz., and in San Juan, Puerto Rico, in 2016. The...
[VIDEO] NMAC Gears Up for More Commercial Volume
Captive finance company Nissan Motor Acceptance Corp. expects to originate more loans for commercial users and fleets in 2016, according to President...
