Risk Management
Credit Losses Have ‘Normalized,’ Cap One Declares
On the heels of the clarion call from Honda Motor Co.'s U.S. sales chief that lenders are originating "stupid" 84-month...
CFPB Isn’t Going Anywhere, Ally’s Soto Says, So Better Be Prepared
Dan Soto, chief compliance officer for Ally Financial Inc. asked attendees at the American Financial Services Association's 19th annual Vehicle...
Auto Loan Balances Near $1 Trillion, Equifax Says
The total balance of auto loans was $975 billion at year- end 2014, according to Equifax Inc.’s National Consumer Credit...
On the Horizon: Tougher Sales Environment and Pricing Pressure
A tough vehicle sales market and profit pressures are on the auto finance horizon. That was the message from a...
Mercedes-AMG Buys Stake in Bike Maker
Mercedes-AMG, the sports car and performance brand of Daimler AG, has agreed to acquire 25% of Italian motorbike manufacturer MV...
Are ‘Stupid’ Loans Making a Comeback?
With new-vehicle sales slowing, a Honda Motor Co. executive fears that lenders are relying on extended-term loans to spur volume....
Exeter Launches New, Faster Origination Platform
Subprime auto lender Exeter Finance Corp. has launched a new origination platform, which the company claims can produce a decision in...
Barnard Named President of Manheim North America
Janet Barnard took on the role of president of Manheim North America, effective Dec. 11, according to a press release....
