Risk Management
Lenders Beware of ‘Scary Deals,’ Western Funding President Warns
If the auto finance industry continues to see deteriorating conditions like rising LTVs and lengthening loan terms, things could be...
Chase Auto: Dealers Are ‘Feeling Our Speed,’ After a 2-Year Face-lift
Chase Auto Finance has had a busy couple years integrating its prime and nonprime platforms, reducing its dealer base, and...
The Good and Bad News in a Blowout October SAAR
On the surface, car sale numbers for last month should be a source of joy for the auto industry. The...
TD Auto to Merge U.S. Contact Centers
TD Auto Finance U.S., the auto financing arm of the Canadian TD Bank, today announced that it is set to consolidate its...
True to Form, Warren, Cordray Slam Auto Finance
Sen. Elizabeth Warren (D-Mass.) complained about discrimination and other shady practices in auto finance, in a recent appearance with Director...
Fan Base Drives Alfa Sales … For Now
Incentives are creeping higher, but the Alfa Romeo brand is an exception to the rule, analysts said. Average incentive spending for...
Western Funding Doubled Dealer Base, President Says
Western Funding Inc. doubled its dealer base to 2,000 dealers, after it signed about 1,100 new dealer partners year to...
FactorTrust Gets New President, Secures $42 Mill Investment
It’s been a busy morning for FactorTrust. The alternative credit bureau announced today that Michael Heller, an information and analytics...
