Risk Management
A Wealth of Data Is Key to Improving Risk Management
What's needed to stay innovative in auto finance risk management today? Data, data, and more data, according to Preston Cecil,...
A Wealth of Data Is Key to Improving Risk Management
What's needed to stay innovative in auto finance risk management today? Data, data, and more data, according to Preston Cecil,...
OCC Deputy Warns of Dangers From Longer-Term Auto Loans
Risk is rising as a result of auto lenders extending loan terms, more loans going to consumers with low credit scores, and...
Subprime ABS Losses Hit Six-Year High in January
Losses for subprime asset-backed securities are on the rise. According to a new report by Fitch ratings, subprime auto loan...
SCUSA to pay $9.35 Million to Resolve DOJ Lawsuit
Santander Consumer USA Inc. has agreed to pay a record $9.35 million to resolve a Department of Justice lawsuit alleging...
J.P. Morgan Latest Lender to Reveal DOJ Scrutiny
J.P. Morgan Chase & Co. is working with the Department of Justice to determine if there is evidence of disparate...
Peer-to-Peer Auto Marketplace Carmudi Adds Finance Options
Online car marketplace Carmudi, which announced $25 million in venture capital funding this week, added finance to the mix in January,...
Sierra Launches DriverUp in Pitch to Reinvent Auto Finance
It is not often that a company aims to turn auto finance into something else entirely, but that is exactly...
