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U.S. Bank’s Lori Morgan joins Auto Finance Summit 2025 

Auto Finance News is pleased to announce that Lori Morgan, national operations manager at U.S. Bank,

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Tricolor CEO Daniel Chu out, sources say 

Tricolor Chief Executive and founder Daniel Chu is no longer affiliated with the subprime auto lender,

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Exclusive: Arra Finance secures over $100M warehouse line from Goldman Sachs 

Subprime auto lender Arra Finance has secured an over $100 million line of warehouse financing from

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Towable values drop 9.2% YoY in August

Used towable and motorhome values dropped in August as dealers prepare for seasonal lows ahead of

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Automakers extend $7,500 EV discount after federal subsidy expires

General Motors Co., Hyundai Motor Co. and Ford Motor Co. said they would extend discounts on

  • Bloomberg News
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TBK Bank objects to Tricolor servicers using its collateral

Tricolor Holdings’ new loan servicer, Vervent, is facing collateral usage restrictions and demands from creditors to

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  • September 30, 2025

Tricolor trustee plagued by payment challenges, potential fraud 

Wilmington Trust, National Association, a subsidiary of M&T Bank, as trustee for Tricolor Auto, is responsible

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Westlake Financial Group President Ian Anderson joins Auto Finance Summit 2025

Auto Finance News is pleased to announce that Ian Anderson, group president of Westlake Financial, will

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Credit Union Auto Lending Surges

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  • 4 hours ago
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